Despite the recent upheaval surrounding stablecoins, Tron’s USDD has continued to make substantial progress over the previous month. The stablecoin has made significant progress since its inception one month ago.

‘The first over-collateralized decentralized stablecoin’ has been upgraded by the TRON DAO Reserve. The coin’s entire circulating quantity is close to 700 million, making it the currency with the greatest global collateral ratio.

The USDD’s collateral ratio is now 205.54 percent, according to the most recent information on the company’s website. According to a blog post from USDD tea,

USDD has a guaranteed collateral ratio of at least 130%, making it one of the safest decentralized stablecoins. By over-collateralizing assets under the TRON DAO Reserve, the update maintains USDD’s stability and trustworthiness, while enabling Reserve members to continue minting USDD by burning TRX (TDR).

There would be a reserve of BTC and TRX, as well as many stablecoins, at a ratio of 130 percent to back USDD. In the TRON DAO Reserve, there are now 10,500 BTC, 240 million USDT, and 1.9 billion TRX held in reserve. An additional 8.29 billion TRX will be burned as a result. The real-time collateral ratio now exceeds 200 percent, implying that the 667 million USDD in circulation are backed by assets worth $1.37 billion.

According to Justin Tron, the Tron creator, the improved, over-collateralized USDD will lead the Stablecoin 3.0 age by adding more diverse features to support its stability. Decentralized stablecoin USDD will have the greatest collateral ratio in blockchain history, according to TDR’s guarantee of $10 billion in reserves. As of now, the 200 percent Plus collateral ratio provides USDD with a fairly solid safety net.

Stablecoin regulation is now being considered by a number of nations. The United Kingdom has recently stepped up to fill the regulatory void in crypto-related matters. The “Financial Market Infrastructure Special Administration Regime” was recommended to be changed by the government. In the event of a collapse, the Bank of England will be able to maintain stablecoin payments.