Cointegraph wrote: relying on the largest Dao usdd to become the most reliable stable currency

In recent days, , Wave field joint reserve （TRON DAO Reserve） An open letter was posted on the official twitter of , For the market USDD The question made a systematic exposition , Again USDD The circulation and use of are not subject to any centralized institutions , And emphasized the short selling behavior in the market , We will adopt market-oriented means and methods to maintain USDD Currency stability .

Regarding this , Well known blockchain industry media Cointelegraph Published titled 《 Bo fed answered about USDD The problem of stabilizing currency 》 Reports of , The report says ,USDD Rely on the world's largest DAO One of the TRON DAO, Make it the most reliable decentralized stable currency in the market .

The following is the full text of the article ：

Wave field joint reserve (TDR) Officially answered the community about USDD Some common questions about .USDD It's a wave field TRON Decentralized over pledge stable currency , It is currently the most stable currency with the highest over pledge rate in the cryptocurrency market . USDD Our core mission is to provide a decentralized cryptocurrency with stable value for the blockchain world . USDD It represents the true decentralization of the whole stable currency market , And USDC or USDT Wait for the US dollar of the central platform (USD) The stable currency linked to reserves is different . essentially ,USDC and USDT From a fundamental point of view, it is a centralized stable currency , Strictly regulated by global regulators .

Current market conditions have raised concerns about the liquidation and freezing of assets . USDD These concerns have been answered from many different perspectives . Wave field joint reserve （TDR） The whitelist organization is authorized to cast USDD. meanwhile , USDD The value of is supported by the excess pledge of highly liquid cryptocurrency assets , These assets include but are not limited to BTC、USDT、USDC and TRX. This makes USDD Get rid of the shackles of centralized intermediary , Therefore, users need not worry that their assets will be frozen without knowing . This makes USDD The holder of can really own the ownership of his stable currency .

Stability is an important aspect of successful currency stabilization . USDC and USDT And other centralized stable currencies are subject to regulatory constraints , Keep... With the dollar 1:1 Reserve ratio . If the centralized institutions of these stable currencies cannot meet their reserve requirements , This may lead to the loss of centralized stable currency 1:1 Dollar peg . Because of its decentralized nature ,USDD Not affected by such problems . USDD Not designed to be strictly pegged to the dollar ; contrary , It is floating up and down . USDD Price stability is achieved through TDR Monetary policy adopted according to market conditions .

Under fluctuating market conditions , When USDD It is pegged to the dollar and fluctuates up and down 3% Within , It is not considered as breaking anchor . This provides more flexibility , In order to TDR Make necessary monetary policy adjustments at the critical moment . With the recent market fluctuations ,USDD Passed TDR The monetary policy tools of have been appropriately adjusted , These tools solve recent problems .

The recent controversy over the stable currency is due to LUNA and UST Caused by the crash .LUNA and UST The mechanism of USDD Must abide by TDR Different policies ;LUNA and UST The arbitrage system runs in strict accordance with the algorithm of destruction and casting . It means UST There is no need to rely on any reserve system to support 1:1 Dollar peg . The whole process relies heavily on LUNA The liquidity of , When market conditions deteriorate , Lead to UST When the anchor is released ,LUNA and UST The price will fall sharply , Because there is no reserve system to support it . This is what ultimately leads to LUNA and UST Reasons for the sharp drop in prices . and USDD Completely by TDR Reserve system support with sufficient liquid assets . TDR The details of the assets will be on the official website tdr.org Real time release on .

TDR Four monetary policy tools are used to ensure USDD The stability of , by TRON Ecosystems create further growth . These four policy tools are to set benchmark interest rates 、 Open market operation （OMO）、 Window guidance and TRX and USDD Coinage destruction mechanism . TDR More monetary policy tools will also be explored , In order to promote USDD Further stability and growth of ecosystem . TDR The ultimate goal of monetary policy adjustment is to maintain USDD price steadiness , At the same time, it will further become the most reliable and decentralized stable currency in the market .

USDD By TRON DAO Reserve Decentralized excess pledge stable currency launched in cooperation with top mainstream blockchain institutions . USDD The protocol runs in TRON On the Internet , adopt BTTC Cross Chain Protocol connects Ethereum and BNB Chain, In the future, it will be able to access across more blockchains . USDD adopt TRX Linked to us dollar , And in TDR Keep the price stable under the guidance of .

USDD Jointly stored by the wave field （TRON DAO Reserve） Initiate with mainstream blockchain organizations , since 5 month 5 It has been developing rapidly since it was officially launched on October ,6 month 5 Japan ,USDD Officially upgraded to the world's first decentralized super mortgage stable currency , Upgrade the current day to be higher than 130% Its mortgage rate ranks first in the world , Become the most secure decentralized stable currency in the whole network . at present ,USDD Running on the wave field network , And pass BTTC Cross chain protocol access to Ethereum 、 Mainstream public chains such as coin safety chain , The total issuance amount has exceeded 7.3 Billion dollars , Total pledge reached 23 Billion dollars .Alameda Research、Amber Group、Poloniex Exchange、Ankr、Mirana、Multichain、FalconX And other global well-known institutions have successively become members of the Federal Reserve of Poland and white list institutions .

Besides ,USDD Rely on TRON DAO It's the biggest in the world DAO One of . As one of the three global public chains , Wave field TRON The total number of users exceeds 1 Billion , The number of transactions exceeds 34 100 million times , It is the largest stable currency network in the world , The scale of assets on the chain exceeds 550 Billion dollars , The accumulated settlement reached US $4 trillion .2021 year 12 month , The wave field network is fully decentralized , To form a TRON DAO Community , Become the largest decentralized autonomous organization in the world .