Tron to launch a decentralized algorithmic stablecoin called USDD

Tron’s USDD will be more like Terra’s UST, and targets $10 billion in reserves, founder Justin Sun said.
Tron will launch its decentralized algorithmic stablecoin called USDD (Decentralized USD) on May 5, 2022. Tron founder Justin Sun announced the development in an open letter.
The new stablecoin will also be available on Ethereum and the BNB Chain, with this possible via Tron’s BTTC cross-chain solution.
USDD as an algorithmic stablecoin is unlike the traditional stablec