USDD

USDD is a dollar stablecoin launched in the TRON ecosystem in 2022. Initially designed with an algorithmic link to TRX, USDD later moved to a structure over-collateralized with crypto assets. DefiLlama classifies USDD among crypto-backed stablecoins. The project aims to offer a low-cost dollar instrument that draws on the TRON network's high transaction capacity.

With its version renewed in 2025, USDD follows a model in which governance has been handed over to the USDD DAO, users mint the stablecoin by depositing collateral, and peg stability mechanisms are used. The token is available on the TRON, Ethereum and BNB Chain networks. Yield is said to be offered to users through a staked version, with the sources of that yield explained in the protocol's documentation. The wide use of the TRON network for stablecoin transfers is a factor supporting USDD's use within this ecosystem.

For crypto-backed stablecoins, the peg depends on the value of the collateral assets and on how the liquidation mechanisms work; deviations can occur during sharp market moves. The USDD value on Lzzo.com is based on DefiLlama's US dollar reference and is for information only.