TRON DAO Reserves Buy $38 Million Worth Of TRX To Safeguard The Stablecoin USDD
The purchase of TRX by TRON DAO is to back the algorithmic stablecoin, to leverage a forex reserve that is similar to Terra’s UST reserve. Terra’s UST reserve system is gaining popularity, and Tron’s stablecoin project is following suit. Tron’s algorithmic stablecoin project was reported on by Coinscreed, and the fiat-pegged crypto asset has since […]