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Tron DAO Reserve publishes list of assets to sponsor USDD.

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Tron DAO Reserve publishes list of assets to sponsor USDD.

Following the implementation of USDD, Tron DAO Reserve, the decentralized umbrella fund for USDD, has released a list of assets aimed at protecting the ecosystem’s new network of stablecoins. This received a lot of community attention in the midst of UST’s loss of peg (1 USD anchor).

Tron DAO Reserve publishes list of assets to sponsor USDD.

On May 7, the USDD sponsored fund announced the purchase of over $38 million in TRX at 0.07727 to bolster the stablecoin’s value.

Read more: https://cryptowallcity.com/tron-dao-reserve-publishes-assets-sponsor-usdd/

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