Latest USDD updates on March 28th

The USDD project is live on VelodromeFi, the first DeFi platform on OptimismFND. This week, the project also announced a giveaway with Taskonxyz, integration with Coin98 wallet, and a chance to participate in the Huobi Global Earn event with 15% APY. Furthermore, they are now live on 11 chains, including Tron and BNBChain. They have also been featured on JustLendDAO, SunSwapV2, and VotiumProtocol, offering juicy rewards and high APRs. Finally, they have a presence on CoinMarketCap’s Community, where followers can get all the latest news, articles and events.

What is USDD ?

USDD is a decentralized stablecoin protocol that provides a trustless and secure platform for the issuance, transfer, and redemption of digital assets. The protocol is designed to be used as a medium of exchange and store of value, enabling users to transact with each other without the need for intermediaries or third-party services.

USDD is based on the Ethereum blockchain and utilizes the power of smart contracts to ensure the decentralization of funds and secure transactions. All USDD transfers are subject to the same consensus rules as Ethereum, which makes them immutable and transparent. The protocol also features a built-in transaction fee model, making it cost-effective to send and receive funds.

The protocol is also designed to be highly secure. All funds are stored on the Ethereum blockchain, ensuring that they are safe from theft, fraud, and manipulation. Furthermore, the protocol is designed to be compliant with all applicable laws and regulations. This includes the prevention of money laundering and other criminal activities.

The USDD protocol is designed to provide users with a reliable and secure method of transferring funds. With its trustless and secure platform, users can trade with confidence knowing that their funds are safe. It also provides users with a cost-effective way to send and receive funds, making it an attractive option for those looking to transfer money internationally.

Overall, USDD is a revolutionary protocol that enables users to securely transfer and store digital assets without the need for intermediaries or third-party services. With its trustless and secure platform, users can trade with confidence knowing that their funds are safe. Furthermore, it is also compliant with all applicable laws and regulations, making it an attractive option for those looking to transfer money internationally.

This article was published on 2023-01-29 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.