Stablecoin

USDD (USDD) price today

USDD is the stablecoin of the Tron ecosystem, linked to Justin Sun: it aims to be worth 1 dollar and is issued against crypto collateral deposited in smart contracts.

USDD price now

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Price in Brazilian reais (BRL)
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Market data source: CoinGecko, with a reference USD/BRL rate. Values can lag by a few minutes.

What is USDD?

USDD launched in 2022 as an algorithmic stablecoin, a model similar to TerraUSD, which collapsed that same year. Weeks after launch, USDD traded well below 1 dollar.

In 2025 the project was redesigned. The current version is issued with excess collateral, in a design similar to other decentralized stablecoins.

How USDD works

Users deposit crypto assets, such as TRX and other stablecoins, worth more than the USDD they issue. If the collateral loses value, the position is liquidated. A direct swap module with other stablecoins helps hold the peg.

The protocol offers yield programs for USDD depositors, with rates that are set and subsidized by the ecosystem itself and can change.

What USDD is used for

  • Digital dollar inside Tron network applications.
  • Collateral and liquidity in decentralized finance.
  • Ecosystem yield programs.

Risks and points of attention

  • A history of losing its peg in 2022, in the algorithmic version.
  • Collateral concentrated in assets from the Tron ecosystem itself.
  • Large influence of a few people and entities over the protocol.
  • High yields are usually temporary and subsidized.

Key facts

SymbolUSDD
Asset typeStablecoin
Launch2022
Issuer or organizationUSDD protocol, from the Tron ecosystem
NetworkTron, with versions on Ethereum and BNB Chain
Maximum supplyNo cap: issued against deposited collateral

Reference data checked on October 3, 2026 against CoinGecko and the project's official pages.

Frequently asked questions about USDD

Is USDD an algorithmic stablecoin?

It was at launch in 2022. The current version is issued with excess crypto collateral and has a swap module with other stablecoins.

Has USDD ever lost its peg?

Yes. In 2022, shortly after launch, it traded a few cents below 1 dollar for weeks.

What is the difference between USDD and USDT on Tron?

USDT is issued by a company with reserves in traditional assets. USDD is issued by smart contracts against crypto collateral.

Where does the USDD price on this page come from?

The panel shows the USDD price in US dollars and Brazilian reais, with change, volume and market capitalization. Data comes from CoinGecko, uses a reference exchange rate and can lag by a few minutes.