Top Facts On the USDD Stablecoin and how it works

Top Facts On the USDD Stablecoin and how it works

1
The USDD is a stablecoin whose value is tied to the US dollar.
2
The relationship between the prices of USDD, the US dollar, and the currencies in its reserve is regulated by the USDD algorithm.
A stablecoin is a cryptocurrency whose price is linked to a more stable currency like fiat currency or a commodity asset like gold or metal, or other cryptocurrencies. It could be tied to a single currency (Terra UST is tied to LUNA) or a group of currencies. The USDD (also called decentralized USD) is a stablecoin whose price is tied to the US …
 

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