Justin Sun Launches USDD 2.0 with 20% APY Backed by Tron DAO
- Tron founder Justin Sun announced USDD 2.0, offering a 20% annual percentage yield (APY).
- The yield is fully subsidized by the Tron DAO’s reserves.
- USDD 2.0 maintains a collateralization ratio of 120%, supported by $2.6 billion in reserves.
- The stablecoin’s circulating supply is valued at $747 million.
- USDD is backed primarily by Tron’s native token, TRX, and other digital assets.
Justin Sun’s launch of USDD 2.0 introduces a high-yield stablecoin with a substantial collateralization ratio and significant backing from Tron DAO reserves.
