USDD was designed to bridge the gap between volatile crypto assets and everyday practical finance. Here is how it is primarily used today:
Earning Passive Yields (sUSDD): With the launch of USDD 2.0, the protocol introduced sUSDD, an interest-bearing version of the token. Users can stake their USDD to earn stable, competitive Annual Percentage Yields (APYs). The interest is generated sustainably from protocol revenue and the staking of the underlying reserve assets.
DeFi Trading and Liquidity: USDD serves as a foundational base pair on major decentralized exchanges (like SunSwap on TRON, Uniswap on Ethereum, and PancakeSwap on BSC). Traders use it to park their profits during market volatility without cashing out to traditional banks.
Cross-Border Payments: Because it inherently runs on high-speed networks like TRON, USDD can be sent anywhere in the world in seconds for fractions of a cent. It removes the friction of traditional remittance, avoiding high bank fees and multi-day waiting periods.
Lending and Borrowing: On platforms like JustLend DAO, users can supply USDD to earn interest from borrowers or use their existing crypto as collateral to borrow USDD, unlocking liquidity without needing to sell their long-term investments.
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Primary Uses of USDD
USDD was designed to bridge the gap between volatile crypto assets and everyday practical finance. Here is how it is primarily used today:
Earning Passive Yields (sUSDD): With the launch of USDD 2.0, the protocol introduced sUSDD, an interest-bearing version of the token. Users can stake their USDD to earn stable, competitive Annual Percentage Yields (APYs). The interest is generated sustainably from protocol revenue and the staking of the underlying reserve assets.
DeFi Trading and Liquidity: USDD serves as a foundational base pair on major decentralized exchanges (like SunSwap on TRON, Uniswap on Ethereum, and PancakeSwap on BSC). Traders use it to park their profits during market volatility without cashing out to traditional banks.
Cross-Border Payments: Because it inherently runs on high-speed networks like TRON, USDD can be sent anywhere in the world in seconds for fractions of a cent. It removes the friction of traditional remittance, avoiding high bank fees and multi-day waiting periods.
Lending and Borrowing: On platforms like JustLend DAO, users can supply USDD to earn interest from borrowers or use their existing crypto as collateral to borrow USDD, unlocking liquidity without needing to sell their long-term investments.