submitted by /u/CWCOfficial
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).
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.
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