In a recent X Spaces session, Justin Sun, founder of TRON and Global Advisor at HTX, introduced the new version of the USDD stablecoin, USDD 2.0, its stability mechanisms, and HTX's development plans.
Advantages of USDD 2.0
Launched on January 25, USDD 2.0 is an upgraded decentralized stablecoin on the TRON network. Justin Sun emphasized the necessity of a network stablecoin with no censorship and freezing of assets. USDD 2.0 uses stability mechanisms to maintain a 1:1 peg with USD, including over-collateralization and decentralized governance, which minimize arbitrage risks.
Staking Opportunities with USDD
USDD 2.0 can be freely exchanged for USDT at a 1:1 ratio, with staking options providing up to 20% APY backed by TRON DAO. Users can invest in USDD through HTX or JustLend DAO for a guaranteed yield, leading to significant investment growth.
Growth and Future of HTX
Justin Sun also announced the upcoming listing of $HTX on a major regulated exchange, enhancing its competitiveness. HTX's future focus includes AI sector engagement and support for AI-driven initiatives.
The X Spaces session with Justin Sun emphasized the innovative approach of USDD 2.0 in stability and decentralization, along with HTX's expansion plans and AI integration.
