H.E. Justin Sun 👨🚀 🌞|3月 04, 2025 08:48
Today, USDD is very popular. I would like to take this opportunity to report on the work and progress of USDD to everyone (no one listens to our usual conversations) 🤣
What exactly is USDD?
The current positioning of USDD is the Wrapped version of USDT. The relationship between USDD and USDT is similar to that between WETH (Wrapped ETH) and ETH. Why wrap ETH as WETH? Due to the different standards of the Defi protocol, WETH is more likely to interact with the Defi protocol. Why wrap USDT into USDD? The reason is simple: USDD is more decentralized, does not have a blacklist freeze function, and contracts are simpler. The two-way exchange itself has no upper limit, no depth requirements, and no transaction fees.
Where can I find USDD data?
https://(((usdd.io)))/data
At present, it can be seen that there is $180 million USDT in the contract that can be exchanged with USDD in both directions. The circulation is 200 million US dollars.
How to exchange USDD for USDT?
https://app. (((usdd.io)))/psm
Simply link the wallet and exchange it directly in the PSM module without any transaction fees.
How to improve the depth of USDD on centralized exchanges compared to on chain?
As a decentralized stablecoin, USDD's main source of depth is currently on the chain. The depth within the exchange requires the exchange's exchange function and market maker support. USDD is well aware of the importance of exchange's deep support, so it has recently tilted an annualized budget of 20% mainly towards the online resources of new exchanges (reduced to 12% on the chain to encourage users to use the exchange more), and has begun to increase exchange's deep support, as well as encouraging exchanges to go online with direct exchange functions.
However, currently for large USDD transactions (orders over $1 million), it is still recommended to trade directly on the chain without any transaction fees. In centralized exchanges, depending on the specific online situation, the exchange may charge transaction fees and be deeply affected.
5. I am an exchange, wallet, and project owner. Can I support USDD?
Certainly. At present, USDD has tilted all its resources towards the launch of new exchanges. Those who meet the conditions for the launch of new exchanges will be given a 20% annual interest rate activity. Currently, enjoying resources is better than on chain! Just contact support @ ((usdd. io)) directly!
All of them were just hand tapped, please support, please forward!
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