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USDD

USDD
Founded
2022
Price
$0.998
Market Cap
$1.61 B
What Is USDD? USDD (Decentralized USD) is a stablecoin designed to track the value of the U.S. dollar on a one-to-one basis while operating primarily within the TRON blockchain ecosystem, with additional deployments on Ethereum and BNB Chain. Its stated goal is to give crypto users and DeFi builders a dollar-pegged unit of account that is not directly custodied by a single bank, similar in spirit ...
Involved

Frax

FRAX
Founded
2016
Price
$0.991
Market Cap
$217.43 M
Frax attempts to be the first stablecoin protocol to implement both design principles to create highly scalable, incredibly stable, and ideologically pure on-chain money. Frax (FRAX), and a governance token, Frax Shares (FXS) is the Frax protocol two-token system encompassing a stablecoin. The protocol also has a pool contract that holds USDC collateral, and pools can be added or removed with ...
Involved

Terra Classic USD

USTC
Founded
2020
Price
$0.00535
Market Cap
$29.85 M
TerraUSD was released in September 2020 in partnership with Bittrex global with plans to create a scalable, interchain stablecoin pegged to the US dollar. Terra is a public blockchain protocol deploying a set of algorithmic decentralized stablecoins which underpin a thriving ecosystem that brings DeFi to the hundreds. The Terra is decentralized and open-source public blockchain protocol for ...
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