{"id":7055,"date":"2022-05-06T20:26:00","date_gmt":"2022-05-06T17:26:00","guid":{"rendered":"https:\/\/www.forexbrokers.ae\/?p=7055"},"modified":"2022-05-07T13:09:20","modified_gmt":"2022-05-07T10:09:20","slug":"tron-rises-after-launch-usdd","status":"publish","type":"post","link":"https:\/\/www.forexbrokers.ae\/en\/crypto-news\/tron-rises-after-launch-usdd\/","title":{"rendered":"The price of TRON (TRX) is on the rise today, following the launch of its USDD stablecoin.\u00a0"},"content":{"rendered":"
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At the time of writing, TRX was trading at $0.08204, up 8.95% on the day. The token hit a daily high of $0.08912 earlier in the session.\u00a0<\/p>\n\n\n\n

Today they\u2019ve launched its USDD, a dollar-backed stablecoin,\u00a0 which will be used to provide stability and liquidity to the TRON network. The addition of USDD will offer users a new stable alternative to other similar coins, such as Tether(USDT) and USD Coin (USDC).<\/p>\n\n\n\n

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Within 48 hours of launch, the total circulating supply of #USDD<\/a> has surged past $200 mil \ud83d\ude80 The industry has spoken\ud83d\udcaa Welcome to the age of #Stablecoin<\/a> 3.0 led by the #TRON<\/a> DAO Reserve #TRX<\/a> #BNB<\/a> #ETH<\/a> #BTT<\/a> KEEP #BUIDLING<\/a>\ud83d\udee0 pic.twitter.com\/KgT41M7gsa<\/a><\/p>\u2014 USDD (@usddio) May 6, 2022<\/a><\/blockquote>