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Cryptocurrencies/Coins/Decentralized USD (USDD)
Decentralized USD price, market cap on Coin360 heatmap

Decentralized USD(USDD)

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$0.982703
(-0.53%)
0.00001532 BTC
Market Cap (Rank#108)
$712,786,158
11,112 BTC
Vol 24h
$2,895,380
45.1391 BTC
Circulating Supply
725,332,034.83
Max Supply
?
243 days agocryptodaily
TRON DAO Ventures Invests $2 Million in CRV and Curve to Launch on TRON and BTTC
Geneva, Switzerland, August 17th, 2023, ChainwireTRON DAO Ventures, the investment arm of TRON DAO, has recently bought $2 million worth of CRV tokens. As part of this strategic partnership, Curve will launch on both the TRON and the BTTC networks.Curve is a decentralized exchange acclaimed for its automated market makers (AMMs) tailored for stablecoin trading. Having experienced an exponential surge in the latter half of 2020, it once established itself as the epitome of DeFi platforms. Currently, Curve ranks as the world's second-largest decentralized exchange (DEX) and the largest DEX for stablecoin trading.The recent hack targeting the platform has led to a chain reaction in the DeFi space. TRON founder Justin Sun promptly expressed his support for Curve after the incident, stating, "Curve is an essential DeFi infrastructure for the blockchain industry. Our thoughts are with the team and the users affected. As a community, let's support and strengthen the security measures to protect our decentralized ecosystem."Amidst the volatile market on August 1, TRON forged a partnership with Curve, introducing a stUSDT pool on the platform. stUSDT, the world's first rebase real-world asset (RWA) protocol on the TRON blockchain, is hailed as the Web3 world's version of Yu'E Bao (once China’s largest money market fund). According to Defillama, the TVL on stUSDT has already exceeded $700 million.Following that, TRON DAO Ventures announced its investment in Curve, underscoring TRON's ecosystem support not only through collaboration but also through financial backing. Meanwhile, Curve will integrate with the TRON and the BTTC networks as part of the partnership.The collaboration among TRON, BTTC, and Curve is set to generate crucial synergies for the industry. Curve, a foundation infrastructure in the DeFi domain, offers significant advantages in terms of reduced financial costs and time inefficiencies while also supporting prominent public blockchains like Ethereum, Arbitrum, and Avalanche. This collaboration is poised to help further develop TRON's DeFi ecosystem. Meanwhile, as a major driver of DeFi innovation, TRON will share its most secure and cutting-edge products with Curve.The integration between Curve and BTTC will also fuel the growth of DeFi ecosystems, especially DEX platforms. As the industry's first heterogeneous cross-chain interoperability protocol, BTTC has supported cross-chain functionality between TRON, Ethereum, and BNB Chain upon its release. It will also introduce zero-knowledge (ZK) proof technology later this year, which enables users to build dApps seamlessly across different blockchains, promoting an inclusive ecosystem open to everyone.With the backing of TRON and BTTC, Curve anticipates a rapid rebound, and users are bound to witness a more vibrant DeFi ecosystem in the crypto industry.About TRON DAOTRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of August 2023, it has over 179.07 million total user accounts on the blockchain, more than 6.26 billion total transactions, and over $13.01 billion in total value locked (TVL), as reported on TRONSCAN.In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumAbout CurveFounded by Michael Egorov and launched in January 2020, Curve Finance positions itself as a DEX built on an AMM model. It focuses on the trading of stablecoins (USDT, USDC, DAI), synthetic assets/derivatives/staking assets (wBTC, renBTC, stETH), etc. In addition to its stronghold Ethereum, Curve also extended its presence across other chains such as Fantom, Polygon, Avalanche, Arbitrum, and Optimism.ContactHayward [email protected]
243 days agocryptodaily
TRON DAO Ventures Invests $2 Million in CRV and Curve to Launch on TRON and BTTC
Geneva, Switzerland, August 17th, 2023, ChainwireTRON DAO Ventures, the investment arm of TRON DAO, has recently bought $2 million worth of CRV tokens. As part of this strategic partnership, Curve will launch on both the TRON and the BTTC networks.Curve is a decentralized exchange acclaimed for its automated market makers (AMMs) tailored for stablecoin trading. Having experienced an exponential surge in the latter half of 2020, it once established itself as the epitome of DeFi platforms. Currently, Curve ranks as the world's second-largest decentralized exchange (DEX) and the largest DEX for stablecoin trading.The recent hack targeting the platform has led to a chain reaction in the DeFi space. TRON founder Justin Sun promptly expressed his support for Curve after the incident, stating, "Curve is an essential DeFi infrastructure for the blockchain industry. Our thoughts are with the team and the users affected. As a community, let's support and strengthen the security measures to protect our decentralized ecosystem."Amidst the volatile market on August 1, TRON forged a partnership with Curve, introducing a stUSDT pool on the platform. stUSDT, the world's first rebase real-world asset (RWA) protocol on the TRON blockchain, is hailed as the Web3 world's version of Yu'E Bao (once China’s largest money market fund). According to Defillama, the TVL on stUSDT has already exceeded $700 million.Following that, TRON DAO Ventures announced its investment in Curve, underscoring TRON's ecosystem support not only through collaboration but also through financial backing. Meanwhile, Curve will integrate with the TRON and the BTTC networks as part of the partnership.The collaboration among TRON, BTTC, and Curve is set to generate crucial synergies for the industry. Curve, a foundation infrastructure in the DeFi domain, offers significant advantages in terms of reduced financial costs and time inefficiencies while also supporting prominent public blockchains like Ethereum, Arbitrum, and Avalanche. This collaboration is poised to help further develop TRON's DeFi ecosystem. Meanwhile, as a major driver of DeFi innovation, TRON will share its most secure and cutting-edge products with Curve.The integration between Curve and BTTC will also fuel the growth of DeFi ecosystems, especially DEX platforms. As the industry's first heterogeneous cross-chain interoperability protocol, BTTC has supported cross-chain functionality between TRON, Ethereum, and BNB Chain upon its release. It will also introduce zero-knowledge (ZK) proof technology later this year, which enables users to build dApps seamlessly across different blockchains, promoting an inclusive ecosystem open to everyone.With the backing of TRON and BTTC, Curve anticipates a rapid rebound, and users are bound to witness a more vibrant DeFi ecosystem in the crypto industry.About TRON DAOTRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of August 2023, it has over 179.07 million total user accounts on the blockchain, more than 6.26 billion total transactions, and over $13.01 billion in total value locked (TVL), as reported on TRONSCAN.In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumAbout CurveFounded by Michael Egorov and launched in January 2020, Curve Finance positions itself as a DEX built on an AMM model. It focuses on the trading of stablecoins (USDT, USDC, DAI), synthetic assets/derivatives/staking assets (wBTC, renBTC, stETH), etc. In addition to its stronghold Ethereum, Curve also extended its presence across other chains such as Fantom, Polygon, Avalanche, Arbitrum, and Optimism.ContactHayward [email protected]
251 day agocryptopotato
TRON and USDD Resilience Unveiled: Insights from Messari, Reflexivity, and JPMorgan’s Analysis
[Press Release – Geneva, Switzerland, August 8th, 2023, Chainwire] In-depth reports on the performance of TRON and USDD in 2023, published by renowned blockchain analytics firms Messari and Reflexivity have recently been published. Messari’s Analysis: TRON’s Q2 2023 Performance Messari’s report highlights TRON’s substantial growth across various performance metrics. Growth in Network Activity: The report […]
287 days agocryptodaily
TRON Unveils HackaTRON S5 and Developer Community Event TRON Builder Tour
Geneva, Switzerland, July 4th, 2023, ChainwireTRON DAO, BitTorrent Chain (BTTC), and Huobi Ventures proudly present HackaTRON Season 5 (S5), an incredible showcase of talent in the fast-paced world of blockchain technology. In tandem with the much-anticipated TRON Builder Tour, we invite innovative minds to take part in this year's event, powered by an exceptional prize pool of up to 500,000*. It's time to set the stage for the next big thing in the blockchain universe!This season, HackaTRON S5 is ready to unravel the five distinctive tracks: Web3, DeFi, Artistry (featuring NFTs, GameFi, and Metaverse projects), Builder for our esteemed past participants, and the eagerly awaited AI track. Embark on this extraordinary journey to create, innovate, and inspire!Join the Journey with TRON Builder TourAlongside the thrilling launch of HackaTRON Season 5, we're taking the energy and innovation on the road with our TRON Builder Tour. This tour represents our commitment to fostering a robust, hands-on relationship with our vibrant community of developers. Participants will get a unique opportunity to engage with the TRON team directly, network with fellow developers, participate in Tron workshops, and immerse themselves in the world of blockchain.Our Tron Builder Tour will touch down at the following destinations:1. New York City: Stepping off on July 16, 20232. Los Angeles: Lighting up LA on July 27, 20233. Miami: Making waves on August 25, 20234. Berkeley: Energizing innovation on September 9, 20235. Princeton: Wrapping up our journey on September 23, 2023Mark your calendars, and prepare for a unique blend of learning, innovation, and community building.Unleash Your Potential in HackaTRON Season 5Taking part in HackaTRON Season 5 means more than the chance to compete for prizes. It's an invitation to delve into the future of blockchain technology, collaborate with the best in the industry, and translate your innovative ideas into reality.Here's why HackaTRON S5 is an opportunity you don't want to miss:Exposure: Take center stage and let your talents shine before a global audience of blockchain enthusiasts and experts.Collaboration: Harness the power of diverse minds. Working with fellow participants opens doors to shared learning and potential partnerships.Impact: Your contribution can redefine the future landscape of blockchain technology. Our event is tailored to the most current and critical issues in the industry.Opportunities: Beyond the competitive prize pool, participants could secure job offers, internships, or catch the eye of venture capitalists.Community: Immerse yourself in the dynamic TRON, BTTC, and Huobi Ventures communities. Together, we cultivate an environment of innovation, growth, and camaraderie.Ignite the Flame of Competition with Our Prize PoolWe're fueling your journey to success with a stellar prize pool of 500,000*, divided as follows:Judge-Selected Qualifiers (per track)- 1st Place: 25,000- 2nd Place: 15,000- 3rd Place: 10,000- 4th Place: 8,000- 5th Place: 6,000Community-Selected Winners- 1st Place: 7,000- 2nd Place: 6,000- 3rd Place: 5,000- 4th Place: 4,000- 5th Place: 3,000Note: All prizes are issued in USDD, not USD*Qualifying HackaTRON Season 5 participants are eligible to receive issuance of awards in USDD.For this season, we've teamed up with Huobi Ventures to ramp up the stakes. They'll award an extra 5,000 to each first-place winner and sponsor a 2,500 bug bounty in the TRON Builder Tour, totaling an additional 27,500.Note: All grant prizes are in USDD, not USDHackerEarth, a global developer network with 7.6M+ developers and 1000+ recruiters, will be the official hackathon platform partner for HackaTRON Season 5. This collaboration provides the tools and resources for participants to sharpen their skills and exhibit their talents.Join us on this trailblazing journey at HackaTRON Season 5, where we converge ambition, creativity, and the power of blockchain to create an unforgettable hackathon experience. Get ready to leave your footprints on the sands of the blockchain world. Stay tuned for more updates here.About TRON DAOTRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of July 2023, it has over 170.5 million total user accounts on the blockchain, more than 6.05 billion total transactions, and over $12.74 billion in total value locked (TVL), as reported on TRONSCAN.In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumAbout BitTorrent ChainBitTorrent Chain (BTTC) is the world’s first heterogeneous cross-chain interoperability protocol, which adopts the PoS (Proof-of-Stake) mechanism and leverages sidechains for the scaling of smart contracts. It now enables interoperability with the public chains of Ethereum, TRON, and BNB Chain. Fully compatible with EVM, BitTorrent Chain facilitates the seamless transfer of assets across mainstream public chains. The governance token BTT, also known as BTTOLD on TRON Protocol was granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica on October 7th 2022.Website | Telegram | Medium | Github | DocsAbout Huobi VenturesHuobi Ventures, the global investment arm of Huobi, integrates investment, incubation, and research to identify the best and brightest teams in the world.As a 10 year pioneer in the industry, we explore, unveil and assist the industry's cutting-edge technologies and emerging business models, providing financing, resources and advisory to projects to grow the blockchain ecosystem together.ContactHayward [email protected]
295 days agocryptodaily
Arkham Partners With Tron, Launches Support for Tron Blockchain
Geneva, Switzerland, June 26th, 2023, ChainwireTRON DAO is pleased to announce that Arkham, the leading blockchain intelligence platform, has launched support for the TRON blockchain.Arkham deanonymize blockchains by showing users the people and companies behind cryptocurrency transactions. Arkham’s support for the TRON blockchain will enable traders and researchers to track the entities on TRON using Arkham’s AI-powered analytics engine.TRON is the world’s leading blockchain by number of daily active addresses. It averages over 2 million daily this month, which surpasses both Ethereum and Bitcoin. It is the 2nd largest blockchain by total value locked. The TRON-Arkham partnership thus represents a major step forward in Arkham’s coverage of global blockchain activity.“This partnership aligns perfectly with our values, offering our millions of users the ability to dive deeper into the blockchain than ever before,” says a spokesperson of TRON DAO. “Arkham's cutting-edge analytics engine will bring a new level of understanding to the TRON blockchain, allowing traders and researchers to map out the entities within our network. Together with Arkham, we aim to revolutionize the way people view and interact with the blockchain.”Miguel Morel, Founder and CEO of Arkham, also added, “We’re delighted to have TRON as a partner, as we launch support for their blockchain on Arkham. They’ve achieved a significance which few other blockchains have, particularly in the Asian market, where Arkham is deeply committed to growing our presence.”About TRON DAOTRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of June 2023, it has over 168.8 million total user accounts on the blockchain, more than 5.97 billion total transactions, and over $12.49 billion in total value locked (TVL), as reported on TRONSCAN.In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumAbout ArkhamArkham is deanonymizing the blockchain. With backing from the founders of Palantir and OpenAI, Arkham is building a crypto intelligence platform that shows users the people and companies behind blockchain activity and addresses, along with advanced data and analytics about their behavior. To deanonymize blockchain users and match them to identities, Arkham uses Ultra, a proprietary AI-powered address matching engine. For more information, visit https://arkhamintelligence.comContactHayward [email protected]
305 days agocryptodaily
WIN NFT HERO Coming Soon to the APENFT Launchpad with Limited Release of the New HERO Mystery Box
Singapore, Singapore, June 16th, 2023, ChainwireWIN NFT HERO, a strategy game built on Tron, has been garnering a lot of attention. Following the official launch of the game’s v2.0 and the new HERO system in April 2023, WIN NFT HERO officially launched v2.1 with an open beta test on June 1. Along with that news, an official announcement was made that the S1 Million Dollar Season event will be launched on June 15.According to the official announcement, WIN NFT HERO S1 season game scenario is a PvP points tournament. Only players with 3N and above quality heroes can participate. WIN NFT HERO's S1 season event includes an abundance of $NFT, $WIN, $WNH and high-quality NFT rewards.New players who want to participate in the WIN NFT HERO S1 season must first obtain a HERO NFT. The cost of the WIN NFT HERO depends upon what version it is. There are 5 qualities to choose from, ranging from low to high: N (green), R (blue), SR (purple), SSR (orange), and UR (red). The higher the quality of the HERO, the stronger the HERO is.Currently, the WIN NFT HERO game contains a total of 58 heroes in 11 lineups, 19 of which are new heroes added when v2.0 was launched. Since the new heroes have different attributes, skills, bond effects, etc., players with new heroes will be able to experiment with more strategic combinations as well as have a greater advantage in matchmaking.To celebrate the upcoming S1 season and help players achieve better scores, WIN NFT HERO announced that a new Hero Mystery Box sale will go live on APENFT Launchpad on June 16, 2023. 200 Hero Mystery Boxes will be available, priced at 10 USDD per box. Each box will include five new heroes, distributed according to the rarity.These limited v2.1 HERO Mystery Boxes are exclusive to the APENFT Launchpad. As the S1 season approaches, expect these highly scarce new HERO NFTs to be even more popular.About WIN NFT HEROWIN NFT HERO is a "GameFi + NFT" strategy game, built on the TRON blockchain. It offers all kinds of heroes, equipment, and other NFT in-game assets for individual players to enjoy as they play, earn, and collect.WIN NFT HERO requires players to match different strategic formations according to hero attributes in order to win on the battlefield. The goal of WIN NFT HERO is simple – to unite players around the world through blockchain gaming with a shared economy that transcends real world values. This “GameFi + NFT” game provides players with an unprecedented experience in immersive entertainment.Learn more about WIN NFT HERO at their:Website:https://www.winnfthero.io/Twitter: https://twitter.com/winnftheroTelegram: https://t.me/WINNFTHEROENDiscord: https://discord.gg/j9jsQKXq8MMedia ContactJane [email protected] APENFT MarketplaceAPENFT Marketplace is an NFT trading platform native to the TRON blockchain, launched by the APENFT Foundation, with additional support from the world’s largest distributed storage system BitTorrent File System (BTFS). It provides a range of NFT-related services, including NFT minting, trading, and creation. By converting more artworks as NFTs and bringing more GameFi projects on the blockchain, APENFT Marketplace not only makes art unique and eternal but also boosts transparency in the exchange and transmission. With higher speed and zero transaction fees, APENFT Marketplace helps boost a more diverse ecosystem and a stronger community.The APENFT utility token ($NFT) is the official governance token issued by the APENFT Foundation. It is a decentralized digital asset that is backed by TRC-20 protocols, and serves as proof of rights on APENFT. With the designation of TRON as the national blockchain for the Commonwealth of Dominica, $NFT has been granted statutory status as authorized digital currency and medium of exchange in the country effective on October 7th, 2022. Currently, $NFT is traded on over 27 CEXs and DEXs including OKX, Huobi, KuCoin, Bybit, Uniswap, PancakeSwap, and SunSwap.Learn more about APENFT at their:Website: https://apenft.io/Twitter: https://twitter.com/apenftorgTelegram: https://t.me/apenftENDiscord: https://discord.gg/Hq8GETYTrDContactLorna [email protected]
308 days agocryptodaily
DWF Labs and TRON Reach Strategic Partnership to Strengthen Ecosystem Support
Geneva, Switzerland, June 13th, 2023, ChainwireGlobal digital asset market maker and multi-stage Web3 investment firm DWF Labs has announced its partnership with TRON, the leading blockchain network focused on the decentralization of the Internet via decentralized applications (dApps). As part of this partnership, DWF Labs has become a liquidity provider for TRON, further enhancing the ecosystem support of the blockchain.Andrei Grachev, the Managing Partner of DWF Labs, stated, "With over 165 million accounts created and more than 5.8 billion transactions on the TRON network, we firmly believe that the TRON ecosystem is at the forefront of Web3 adoption. What we find particularly appealing about TRON's accomplishments is its remarkable ability to attract new ideas. TRON stands as one of the fastest-growing dApps ecosystems in the space at the moment, and the consistent rollout of innovative tools and services proves that TRON has a leading role in paving the trail in blockchain. That is why we are eager to further support the ecosystem with additional investment in the near future."DWF Labs, as a prominent market maker in the blockchain industry, has been actively supporting and investing in Web3 protocols. Last year, DWF Labs committed an initial $15 million to the Web3 Industry Recovery Initiative, led by Binance Labs, to aid struggling protocols in the industry's recovery. More recently, DWF Labs has formed additional strategic partnerships with leading crypto players worldwide."As a leading blockchain network focused on empowering decentralized commerce and community for every person on the planet, TRON has continually attracted new ideas and demonstrated exceptional growth within the space,” a TRON spokesperson explained. “We are delighted to partner with DWF Labs, as they bring their expertise and excellence to further strengthen the TRON ecosystem. Together, we aim to further support TRON's vision of a decentralized future."By partnering with TRON as a liquidity provider, DWF Labs aims to contribute to the growth and development of the TRON ecosystem, facilitating improved accessibility of the blockchain network for all TRON users and community members.About TRON DAOTRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of June 2023, it has over 166.5 million total user accounts on the blockchain, more than 5.85 billion total transactions, and over $11.52 billion in total value locked (TVL), as reported on TRONSCAN.In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumAbout DWF LabsDWF Labs is the global digital asset market maker and multi-stage Web3 investment firm, supporting portfolio companies from token listing to market making to OTC trading solutions.With offices in Singapore, Switzerland, the UAE, Hong Kong, South Korea and BVI, the investment company DWF Labs is an affiliate of Digital Wave Finance (DWF), which consistently ranks among the top 5 trading entities by volume in the cryptocurrency world through its proprietary technology for high frequency trading.For more information visit www.dwf-labs.comFor more information, please contact:Andrei GrachevManaging Partner, DWF [email protected] [email protected]
313 days agocryptodaily
TRON MainNet Celebrates Fifth Anniversary and Stands Now as the Preferred Global Blockchain
Geneva, Switzerland, June 8th, 2023, ChainwireIt’s been five years since the day in late May 2018 when the TRON MainNet emerged. The layer one blockchain can now authentically be labeled as the public chain of choice, with the most daily active users, the most daily transactions, and the largest circulation of the stablecoin USDT. Impressing the industry with one achievement after another, it has grown into the global leader among all public chains. As the number of comparable chains and competitive options has exponentially increased, TRON continues to stand out with its second-to-none performance, scalability, and security, attracting masses of developers and users worldwide.Following TRON's anniversary, on June 1, Hong Kong's Securities and Futures Commission (SFC) began accepting applications for crypto trading platform licenses. As a top-tier public chain, TRON has promised full support for Hong Kong's Web3 ambitions to become a crypto hub of the world.TRON was founded by H.E. Justin Sun in 2017, and its MainNet went live on May 31, 2018. Five years into the launch of its MainNet, TRON now has over 165M users worldwide and has processed more than 5.7B transactions. According to DeFiLlama, it also outshines the pack with a TVL (Total Value Locked) second only to Ethereum.TRON has established a robust commerce infrastructure via partnerships across the industry. It has become the global stablecoin highway for USDT, USDC, TUSD, USDJ, and USDD.According to the data on Tether's website, the supply of TRC20-USDT has exceeded 46.1B, now 10B more than the Ethereum-native ERC20-USDT, accounting for 60% of USDT's total supply.Powered by a secure, cost-effective, and efficient underlying blockchain, the TRC-20 protocol launched by TRON has become the go-to choice among on-chain users. In addition, TRON has developed a well-rounded ecosystem covering the hotly contested fields in the sector, including DeFi, NFT, GameFi, stablecoins, the metaverse, cross-chain solutions, and DIDs, with the commitment of a group of active developers.TRON aims to elevate its on-chain stablecoin market cap to $100B in 2023 and strives to become the preferred choice for stablecoin users around the world.In October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, and seven TRON-based utility tokens were granted statutory status as authorized digital currencies for use in everyday commerce there. This collaboration blazed a trail for blockchain projects to explore technology application and development with sovereign nations.The next five years look to be as exciting as the previous five. The TRON DAO team is confident they work hard to delve deeper into blockchain tech development by welcoming more and more projects and protocols into the ecosystem to #BUIDLtheFUTURE on TRON. An essential player in propelling the global digital economy forward, TRON strives to empower decentralized commerce and community for every person on the planet.About TRON DAOTRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of June 2023, it has over 165.1 million total user accounts on the blockchain, more than 5.79 billion total transactions, and over $12.0 billion in total value locked (TVL), as reported on TRONSCAN.In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumContactHayward [email protected]
314 days agocryptopotato
TRON DAO Honors Top HackaTRON Qualifiers for Completing Blockchain Deployment Milestone
[PRESS RELEASE – Geneva, Switzerland, June 7th, 2023] Just over two weeks ago, on May 15, 2023, the TRON DAO team revealed the results of the HackaTRON Season Four competition. A portion of the prize pool, 500,000 USDD, was shared among the top projects. The final milestone payment is currently being processed for judge-selected qualifiers, […]
314 days agocryptodaily
TRON DAO Honors Top HackaTRON Qualifiers for Completing Blockchain Deployment Milestone
Geneva, Switzerland, June 7th, 2023, ChainwireJust over two weeks ago, on May 15, 2023, the TRON DAO team revealed the results of the HackaTRON Season Four competition. A portion of the prize pool, 500,000 USDD was shared among the top projects. The final milestone payment is currently being processed for judge-selected qualifiers, contingent upon the fulfillment of the project team to successfully deploy their dApp on either the TRON blockchain or BitTorrent Chain MainNets by June 1, 2023.There were over 625 participants from 172 projects across six tracks, including DeFi, Web3, NFT, and GameFi, alongside the new Builder and Eco-Friendly tracks. Five from each track were selected by an esteemed panel of judges as the most promising projects, and each was given 30% of their respective prize when results were announced on May 15.Judge-Selected Top FivesFirst place in each of the judge-selected tracks receives 20,000 USDD, with second place receiving 15,000 USDD, third place 10,000 USDD, and fourth and fifth places 8,000 and 6,000 USDD, respectively.The new Builder track recognized teams returning to the hackathon that have made significant updates to their projects. The ones who completed their blockchain deployment milestone were, in order of selection:“Farming-as-a-Service” project by Elk FinanceGalaxy Throne by Galaxy ThroneJustMoney Spot by JustMoneyTronNRG by TronNinjasTronQL by TronQLThe Eco-Friendly track showcased projects working towards sustainability and environmental stewardship via the TRON Climate Initiative. The ones who completed their blockchain deployment milestone were, in order of selection:EcoMarket by EcoMarketMusiCoinCity by ElfWebCarboEx by CarboExForGreen by ForGreenBlockForest by BlockForestThe projects from the DeFi track that completed their blockchain deployment milestone were, in order of selection:Ergon by USTXCloak by CloakMyFend by Fend GroupSorrel Banq by Paracosm LabsSwirl Ads by Team SudoThe projects from the NFT track that completed their blockchain deployment milestone were, in order of selection:BobbyBot.Trade by SteamSamhita DAO by HeritageSpeakSealKey by TRONNuggetzThe projects from the GameFi track that completed their blockchain deployment milestone were, in order of selection:Duelers from TRONJoyRevoluTRON by Irruption LabCukies: Rush & Run by Cukies WorldThe projects from the Web3 track that completed their blockchain deployment milestone were, in order of selection:TrustSight by The TRONaclesDaren Market by Daren MarketTronSave by TronSaveProvyLens by LensCraftersYinbox by Jeffrey LewisAs mentioned above, the initial judge-selected qualifiers received 30% of their allocated prize for placing in the top five of their respective track on May 15, 2023. They were given until June 1, 2023, to deliver a functional, decentralized application on either the TRON or BitTorrent Chain MainNets in order to receive the remainder of their prize. The projects mentioned above successfully completed this requirement.Community Forum Top FivesThe TRON DAO Forum community voted to select “community” winners, as well. Read about who the community forum selected as the top five projects from each track on the TRON DAO blog.This season, there were also three bonus prizes for the best performances in project engagement, determination, and community contribution. The ten recipients of the community contribution prize were announced on May 15, 2023. The winners of the project engagement prizes and determination prizes were finalized on June 1, 2023, and they are:Season 4 PROJECT ENGAGEMENT Prize Recipients (3,000 USDD per prize):Zombieland by Team ZombieOnChain Vision by OnChainDevSeason 4 DETERMINATION Prize Recipients (5,000 USDD per prize):Bird Catcher Game by Team HunterUjjo Wallet by Why Not?Classic Chords by ChordiansThe TRON DAO team is thrilled with the quality of projects from Season 4 of the HackaTRON. Hackathons are just one of the ways developers are welcomed to #BUIDLtheFUTURE with TRON. Learn more about all that’s happening across the TRON ecosystem at TRONDAO.org.About TRON DAOTRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of June 2023, it has over 164.8 million total user accounts on the blockchain, more than 5.78 billion total transactions, and over $12.3 billion in total value locked (TVL), as reported on TRONSCAN.In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumContactHayward [email protected]
326 days agocryptodaily
Multichain Team’s Deafening Silence Sparks Concern Among Users
The silence emanating from Multichain’s leadership has amplified rumors, leading to significant unease and uncertainty among protocol users. At present, several of Multichain’s cross-chain pathways remain down, leading to a major pile-up of transactions on the protocol. Multichain’s Radio Silence The radio silence from the Multichain team has left users searching for answers, with the protocol currently holding $1.5 billion in total value locked (TVL). Multichain face a fifth day of outages and transactions that are in limbo, primarily due to multiple cross-chain pathways that are still offline. These include Polygon zkEVM, Kava, and zkSync. Initially, the team stated that this was caused due to an upgrade that was being patched. However, this explanation was revised, with the cause outlined as an ambiguous explanation of “force majeure.” The uncertainty and radio silence comes against the backdrop of unverified rumors circulating on Twitter that the protocol’s core leadership could possibly be under arrest in China. Co-founder of Multichain, DJ Qian, took to Twitter, stating he had asked Multichain CEO Zhaojun and its founding partner Xu Guochang if they could provide any help or explanation. “From yesterday to today, I received a lot of greetings. Many people sent messages asking me if I was okay. Thank you for your concern. Of course, I’m fine. At the same time, I also hope that there is nothing serious about multichain. Although I am not ashamed of what Zhaojun did before, after all, I brought Zhaojun and Guochang into the industry. I asked Guochang for some information to see if he could provide technical or other help. Well, the most important thing is the safety of user assets and the safety of people.” Leadership Under Arrest? With rumors of the team’s arrest circulating on Twitter, Multichain’s VP of Strategic Partnerships stated in a Telegram group message that he was not aware if Chinese authorities had actually detained the protocol’s leadership. Protocol CEO Zhaojun did not reply to any messages on the group in question nor to direct queries. The project’s Discord server and other Telegram groups are dealing with similar uncertainty, with no updates about the project or its future. All community members have been told to wait for any further updates. MULTI Token Plummets With the uncertainty surrounding the project, the protocol’s native MULTI token has continued its downward trajectory. With users complaining that their transactions had been stuck since Sunday, the team assured them that their funds were safe and they were working to resolve the issue. David Who, a community manager with Multichain, had given users an update, stating, “At this stage, we can’t be sure when it will be fully fixed. However, our user’s funds are safe, and pending transactions would “pass through automatically and instantly” after resolution.” However, with no resolution, the token’s price has continued to drop. Currently, the MULTI token is down over 28% and is trading at $3.80. Other Projects React Several projects have responded to the situation unfolding at Multichain. Coinflux Network became the latest to respond, stating that it had suspended Multichain’s co-mint privileges as a precautionary measure. This would prevent Multichain from minting new tokens on the project’s blockchain. Furthermore, Coinflux also added that it would work with users to mitigate any losses that may arise. Crypto Investment firm HashKey Group also revealed that it had moved $250,000 from Multichain to Gate.io. Meanwhile, Tron founder Justin Sun also revealed that he had withdrawn 470,000 of the USDD stablecoin from the protocol. Cryptocurrency exchange Binance also swung into action, announcing that it was suspending deposits for 10 bridged tokens following days of transactions being stuck in limbo. This impacted several token pairs, including Polkastarter (POLS), Alpaca Finance (ALPACA), Travala.com (AVA), Spell (SPELL), Fantom (FTM), Alchemy (ACH), Beefy (BIFI), SuperVerse (SUPER), Harvest Finance (FARM) and DeXe (DEXE). Binance’s announcement will impact users of bridged tokens on Ethereum, Avalanche, BNB Smart Chain, and Fantom. Fantom Foundation also moved to limit its exposure, withdrawing $2.4 million in liquidity of the MULTI token on the SushiSwap DEX. Andre Cronje, Fantom Foundation Director, explained that Fantom had to act due to the uncertainty surrounding Multichain and was withdrawing the funds out of caution. Cronje added, “No point to LP at times of uncertainty. You can see in the wallet the funds haven’t been sold. As soon as Multichain is able to release a statement around this and clear it up, we will LP again.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
329 days agocryptodaily
TRON Collaborates with Nansen to Deliver In-Depth Insights from Blockchain Activity
Geneva, Switzerland, May 23rd, 2023, ChainwireThe TRON DAO team is thrilled to announce a partnership with Nansen, a prominent provider of blockchain data and research trusted by the world’s leading crypto teams and enthusiasts. In-depth, data-defined, insights about TRON user activity will now be available via Nansen's powerful suite of tools.Nansen offers users “blockchain data that no one else has, remarkably fast, the way your team works.” Nansen processes over 500 TB daily, labeling more than 250 million addresses across more than 16 blockchains, which represents more than 80% of all on-chain volume. Nansen Products exist to 10X user insights while reducing user workload. Query is a powerful, no-code, crypto analytics tool built for its most ambitious customers, providing exclusive access to professional analytics as well as an exclusive community to network with other top crypto leaders. Query enables programmatic blockchain data analysis with SQL and APIs across more than 15 chains, while tracking crypto across more than 45 chains, all in one interface.TRON is the preferred blockchain platform, ranking first in daily user activity, volume of transactions, and USDT stablecoin circulation. Over 46 billion USDT tokens circulate on TRON, 56% of the total USDT supply. With over 1.5 million daily active addresses and over 8 million daily transactions, TRON is becoming a global community for everyday commerce.Through the integration of TRON into Nansen's management and query solutions, all of those users can now access enriched data and gain deeper analysis of TRON's robust ecosystem. Furthermore, Nansen Pro's macro dashboard provides a comprehensive overview of TRON, empowering users with real-time, on-chain insights.This partnership represents just the beginning of the collaboration between TRON and Nansen, as it marks a significant step forward in their shared mission to provide unparalleled blockchain data and analytics services for a more trusting, knowledgeable, data-informed crypto community.About TRON DAOTRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of May 2023, it has over 161.5 million total user accounts on the blockchain, more than 5.6 billion total transactions, and over $12.5 billion in total value locked (TVL), as reported on TRONSCAN.In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumContactHayward [email protected]
336 days agocryptopotato
TRON DAO Announces Results of HackaTRON Season 4
[PRESS RELEASE – Geneva, Switzerland, May 16th, 2023] The TRON DAO team, community representatives of the TRON blockchain platform, revealed the results for the fourth season of their popular HackaTRON competition. 500,000 USDD, a TRON-based decentralized, overcollateralized, multi-chain stablecoin, will be shared among the top projects. Judge-selected qualifiers will also be given application accessibility to […]
340 days agocryptopotato
Brief Analysis of Messari’s Q1 2023 State of TRON and USDD Reports
[PRESS RELEASE – Geneva, Switzerland, May 12th, 2023] Messari, a leader in crypto market research and intelligence, recently released reports on both the USDD stablecoin as well as the TRON blockchain ecosystem. “The TRON DAO team appreciates Messari’s work overall, and like normal, its objective research in these latest TRON-related reports offers data-driven, insightful remarks,” […]

About Decentralized USD?

The live price of Decentralized USD (USDD) today is 0.982703 USD, and with the current circulating supply of Decentralized USD at 725,332,034.83 USDD, its market capitalization stands at 712,786,158 USD. In the last 24 hours USDD price has moved -0.015655 USD or -0.02% while 3,547,221 USD worth of USDD has been traded on various exchanges. The current valuation of USDD puts it at #108 in cryptocurrency rankings based on market capitalization.

Learn more about the Decentralized USD blockchain network and how it works or follow the price of its native cryptocurrency USDD and the broader market with our unique COIN360 cryptocurrency heatmap.

Introduction

Decentralized USD (USDD) is a stablecoin that operates on a decentralized blockchain network. It is designed to provide a stable and secure digital currency that is pegged to the US dollar. USDD is built on a decentralized platform that ensures transparency, security, and privacy. It is an innovative solution that aims to bridge the gap between traditional finance and the world of cryptocurrencies.

Technology & Mechanism

Consensus Mechanism

Decentralized USD uses a consensus mechanism called Proof of Stake (PoS). This mechanism allows users to validate transactions and earn rewards by staking their USDD tokens.

Blockchain Technology

Decentralized USD operates on a blockchain network that is based on the Ethereum protocol. The network is decentralized, meaning that it is not controlled by any central authority. The blockchain technology used by USDD ensures transparency, security, and privacy.

Key Features

Scalability

Decentralized USD is designed to be scalable, meaning that it can handle a large number of transactions without compromising its performance.

Security

USDD is built on a decentralized blockchain network that ensures the security of transactions. The network is secured by advanced cryptography, making it virtually impossible for hackers to compromise the system.

Privacy

Decentralized USD ensures the privacy of its users by using advanced encryption techniques. Transactions on the network are anonymous, meaning that users can transact without revealing their identity.

Decentralization

USDD is a decentralized cryptocurrency, meaning that it is not controlled by any central authority. The network is maintained by a community of users who validate transactions and earn rewards for their efforts.

Development Team & Governance

Decentralized USD is developed by a team of experienced developers who are committed to building a secure and stable digital currency. The project is governed by a decentralized community of users who have a say in the development and direction of the project.

Use Cases & Potential Impact

Decentralized USD has a wide range of use cases, including payments, remittances, and trading. It can be used to send money across borders quickly and securely, without the need for intermediaries. USDD can also be used for trading on cryptocurrency exchanges, providing a stable and secure digital currency for traders.

Purchase & Storage

How to Buy

Decentralized USD can be purchased on various cryptocurrency exchanges, including Binance, Coinbase, and Kraken.

Wallets & Storage

USDD can be stored in any Ethereum-compatible wallet, including MyEtherWallet, MetaMask, and Ledger Nano S.

Partnerships & Collaborations

Decentralized USD has partnered with various companies and organizations in the cryptocurrency industry, including Binance, Coinbase, and Kraken.

Roadmap

The Decentralized USD project has a roadmap that includes various features and enhancements, including the integration of new blockchain technologies and the development of new use cases.

Risks & Challenges

Decentralized USD faces various risks and challenges, including regulatory uncertainty and competition from other stablecoins. However, the project is well-positioned to overcome these challenges and continue to grow and evolve.

Community & Regulatory Compliance

Community

Decentralized USD has a strong and active community of users who are committed to the development and growth of the project.

Regulatory Compliance

USDD is designed to comply with all relevant regulations and laws, ensuring that it can be used legally and safely by users around the world.

Conclusion

Decentralized USD is a stablecoin that is built on a decentralized blockchain network. It provides a stable and secure digital currency that can be used for various purposes, including payments, remittances, and trading. USDD is well-positioned to continue to grow and evolve, thanks to its strong community and commitment to innovation and development.
Decentralized USD Price0.982703 USD
Market Rank#108
Market Cap712,786,158 USD
24h Volume2,895,380 USD
Circulating Supply725,332,034.83 USDD
Max SupplyNo data
Yesterday's Market Cap718,981,568 USD
Yesterday's Open / Close1.0069 USD / 0.991245 USD
Yesterday's High / Low1.0076 USD / 0.986451 USD
Yesterday's Change
-0.02% ( 0.015655 USD )
Yesterday's Volume3,547,221 USD
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