Tron DAO Reserve Purchases $38 Million in TRX to Safeguard the Stablecoin USDD – Bitcoin News

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Tron DAO Reserve Purchases $38 Million in TRX to Safeguard the Stablecoin USDD – Bitcoin News
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On Saturday, the Tron DAO Reserve announced it purchased 504.6 million tron (TRX) to back the algorithmic stablecoin USDD.

now and USDD is listed on Pancakeswap, Kyberswap, Sunswap, Sun.io, Curve Finance, Uniswap, and Ellipsis., there’s approximately 211,245,005.49 USDD at the time of writing. Statistics show on Saturday, May 7, 2022, Uniswap version three is the most active exchange to buy and sell USDD. While USDD’s $211 million market capitalization is small potatoes to Terra’s UST , its only been around for two days. While terrausd saw $990.3 million in 24 hour trades, USDD saw $2.31 million during the past day.

On Saturday, the Tron DAO and Tron’s founder Justin Sun announced that the team purchased 504,600,250

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