USDD token
Overview
The dollar-pegged stablecoin USDD, native to the TRON blockchain and linked to Justin Sun and the TRON DAO Reserve, has a version 2.0 that went live on 25 January. The original iteration, USDD 1.0, debuted in 2022 with an advertised annual percentage yield of 30%, a rate later reduced during a period of market turbulence. That version encountered difficulties maintaining its peg and faced scrutiny regarding its transparency, particularly after the TRON DAO Reserve removed 12,000 bitcoin from USDD's collateral without authorisation, subsequently shifting the backing toward TRON's own TRX token. With the launch of version 2.0, Sun announced a 20% APY that TRON would cover in full, asserting that the organisation possessed sufficient capital to sustain it. USDD is characterised as predominantly backed by TRX, with a stated collateral ratio of 120% secured by assets exceeding $2.6 billion. Its circulating supply was reported at $747 million, a figure modest in comparison to Tether and USDC. The 20% yield attracted considerable doubt, given the track record of USDD 1.0 and the evident similarity to earlier stablecoins that offered subsidised yields.
Within The Counterparty graph, USDD connects to 15 tracked entities, most strongly to Ethereum, BSC, Tron.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 10 of 15 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
deployed_on | BSC | 95% |
deployed_on | Tron | 95% |
issued_by | Tron Dao Reserve | 95% |
deployed_on | Bittorrent | 95% |
issued_by | TRON DAO Reserve | 95% |
deployed_on | Tron | 95% |
backed_by | Bitcoin (BTC) | 90% |
backed_by | Tether USD | 90% |
deployed_on | Ethereum | 90% |
Frequently asked questions
What is USDD?
USDD is a stablecoin tracked in The Counterparty knowledge graph. It is connected to 15 other tracked entities, most strongly to Ethereum, BSC, Tron.
What type of entity is USDD?
USDD is classified as a stablecoin (token) in The Counterparty knowledge graph.
What is USDD connected to?
In The Counterparty knowledge graph, USDD is linked to 15 other tracked entities, most strongly to Ethereum, BSC, Tron.
Sources
Facts in this record were checked against the following. Where a claim is not covered here, the record states only what the graph holds.
In the wire
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- 2026-07-21 USDD’s TVL on JustLend surpasses $450 million; the official launches a community engagement rewards campaign binance_intel