USDD 2.0 Launches with Bold 20% APY Backed by Tron DAO
Tron founder Justin Sun announced the upcoming launch of USDD 2.0. Offering a 20% annual percentage yield (APY) fully subsidized by the Tron DAO.
Sun assured transparency by stating that all interest would be sent to a public address, emphasizing the DAO’s financial capacity to sustain the yield. As of now, the stablecoin USDD 1.0 holds a $747.65 million market cap, maintaining stability since 2022. Sun also highlighted that USDD is supported by the JUST Foundation and the JST coin, further strengthening its ecosystem.
Clever Robot News Desk 17th January 2025
