What is USDD?

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USDD is an over-collateralized stablecoin issued by the TRON DAO Reserve. With a built-in incentive mechanism and a responsive monetary policy, USDD self-stabilizes against any price fluctuations and helps consolidate the value of USDD as a true settlement currency.

Market cap

$0 0.00%

Circulating supply

0 USDD

Total supply

unlimited
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Mission

The USDD protocol aims to provide the blockchain industry with the most stable, decentralized, tamper-proof, and freeze-free stablecoin system, a perpetual system independent from any centralized entity.

Team

H.E. Justin Sun
H.E. Justin Sun
Founder

H.E. Justin Sun is the Permanent Representative of Grenada to the WTO, and the founder of TRON, one of the world's largest blockchain DAO ecosystems. A protege of Alibaba's Jack Ma, Sun in 2017 was named to Forbes' 30 under 30 list for China and 30 under 30 Asia in the Consumer Technology category. Sun is an avid art collector, gamer, investor, and philanthropist.

Marcus Zhao
Marcus Zhao
Head of Technology

Leading the technical department of TRON since its inception in 2018, Marcus Zhao is responsible for the public chain, blockchain scan and DeFi, amongst other technical aspects of the project. Previously a data mining specialist at Alibaba, Zhao holds an M.A. in Computer Science and Technology from the Beijing University of Aeronautics and Astronautics and a B.A. in the same field from Northwestern Polytechnical University.

Ethan Guo
Ethan Guo
Director of Product and Technology

Ethan Guo Develop leads the team to develop web 3.0 live applications as well as decentralized networks and token economic models. He holds an M.A. in Engineering Computer Science from the University of Taiwan and has led the technical efforts of multiple technology companies as CTO.

Thomas Au Yeung
Thomas Au Yeung
Global Finance Director

With over 16 years’ experience in finance and accounting, Thomas Au Yeung specialises in blockchain and crypto finance. He holds a B.A. in Computer Science from the Hong Kong University of Science and Technology as well as a B.A. in Accounting from the City University of Hong Kong.

To learn more about the team, read USDD’s whitepaper.

USDD Markets

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USDD Use Cases

Travel

At Travala.com, we offer more than 3,000,000 travel products in over 230 countries available for purchase with USDD. Plus, you’ll receive a 2% giveback in AVA, Travala.com’s native cryptocurrency, on every accommodation booking.

Travala.com’s intuitive booking experience is designed to be familiar and simple to navigate. Travellers simply choose their desired travel product(s), enter their details, and select from the variety of available payment options, including traditional credit and debit cards, BTC, and 90+ other cryptocurrencies.

Decentralized Payments

The USDD protocol aims to provide the blockchain industry with the most stable, decentralized, tamper-proof, and freeze-free stablecoin system. USDD circulates on TRON, Ethereum, BSC, and other networks via the cross-chain protocol BitTorrent Chain. Similar to TRC20-USDT, it caters to users' needs by offering them a fast and affordable experience on TRON.

Over-collateralized Asset

USDD is secured by the over-collateralization of multiple mainstream digital assets (e.g. TRX, BTC, and USDT). The total value of collateralized assets is significantly higher than that of USDD in circulation with the collateral ratio set at 310%, far exceeding the 100-120% ratio of other stablecoins.

Reduced Volatility

Most cryptocurrencies are significantly more volatile than traditional financial assets. Stablecoins allow users to significantly reduce volatility in times of a market downturn without having to trade funds back to fiat currency, enabling users to keep their funds on the blockchain rather than in a bank.

How to Pay with USDD

Visit Travala.com and search for a hotel, home, flight, or other travel product by entering your destination and dates.

Select your desired choice from the available options.

Enter the required traveller details.

Select Crypto as your payment method, then select USDD.

Click Complete Reservation. In your USDD Wallet, input the generated address by scanning the provided QR code or by copying the text. Ensure that the exact USDD amount is entered and send the payment.

Click Payment sent. Your transaction will be processed and you will receive a confirmation email once your voucher or e-ticket is available.

Buy, Sell and Trade USDD

Exchanges where you can buy, sell and trade USDD:

Store USDD

Store your USDD securely with the following wallets:

Are you an exchange or wallet provider that supports USDD? Contact us to have your platform added to the lists above.

FAQs

How is USDD decentralized?

USDD is minted by the whitelisted institutions of the TRON DAO Reserve (TDR) through burning TRX. Its value is backed by the over-collateralization of highly liquid crypto assets under the TDR, including BTC, USDT, USDC, and TRX. The circulation and use of USDD are free from the intervention of any centralized parties. Similar to BTC and ETH, USDD grants its holders full ownership, meaning that no organization or individual has access to freeze users’ USDD.

How does USDD’s over-collateralization work?
What monetary policies will the TDR adopt to maintain the value of USDD?