Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche



Is Decentralized USD (USDD) a strong Stablecoin?

Decentralized USD (USDD) is over-collateralized because the amount of assets it holds exceeds the amount of USDD circulation. To explain, most stablecoins contain a smart contract that makes payment in fiat currency from a bank account or blockchain ecosystem when you spend the stablecoin. For example, USDD makes payment in US Dollars when you spend it.

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