I would steer clear from any algorithmic stablecoin as they're prone to failure. Only collaterized and regulated stablecoins like USDC and BUSD have a future.
Actually yes. These are two of the stablecoim I only have and way more trusted than other ones. USDD can still keep up for now but when too many whale decided to fuck up and found a loop hole on Justin, for sure they wont hesitate to bring tron as well just like what happened to arrogant Do Kwon.
We can not ask for decentralization in TRON and USDD at least now. At least so far, Justin Sun has better reserve for his USDD stable coin. He did not sacrifice TRON to save USDD. That is different than Do Kwon as he sacrificed $LUNA to save $UST. When both died, he changed his mind and say Terra is more than $UST. I can not believe in this guy.
Thats the difference. Justin has way more than deep pocket than Do Kwon and he can able to generate funds to fight backs those trying to pull him down. Its a long way to go to beat down tron, and I assume they will strive even for a longer term. Just that this system has loophole and they should be very careful. Also reminding the investors to not go all in with the sweet apr they are seeing now.