USDD stablecoin has landed on CCECash

Decentralized USD (USDD), the first over-collateralized decentralized stablecoin, is now available for trading on CCECash.

When exchanging USDD for other cryptocurrencies on CCECash, users have the flexibility to choose a floating or fixed exchange rate. When choosing a floating exchange rate, the system automatically selects the best exchange rate from multiple liquidity providers connected to CCECash, ensuring the best trading conditions even if there are short-term price fluctuations. If users want to avoid slippage caused by fluctuations, they can choose a fixed exchange rate, which locks the initial quote of the exchange until the operation is completed.

Users can use CCECash to seamlessly exchange USDD between different blockchains. For example, users can exchange TRC20 USDD to BTC or vice versa with just a few clicks. More blockchain networks supporting USDD are coming soon.

Decentralized USD (USDD) is an over-collateralized decentralized stablecoin launched by TRON DAO Reserve, a USDD custodian, and guarantees its price stability. The value of this stablecoin is pegged to the US dollar. USDD is secured by over-collateralizing a variety of mainstream digital assets such as TRX, BTC, and USDT. The total value of the collateralized assets is much higher than the USDD in circulation, and the collateralization ratio is set at 120%. The USDD protocol aims to provide the blockchain industry with the most stable, decentralized, tamper-proof, and non-freezing stablecoin system, a perpetual system independent of any centralized entity.