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TRONDAO Reserve whitelists Multichain

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TRONDAO Reserve whitelists Multichain, Bridge USDD throughout multi-chain ecosystem

TRONDAO Reserve whitelists Multichain, As the ultimate Router for Web 3, Multichain has spared no efforts to usher USDD into the flourishing multi-chain ecosystem through their cross-chain bridges extending to all directions. They are exerting their selves to enable USDD to arbitrarily migrate among BitTorrentChain, Ethereum, Fantom, Avalanche, BNB Chain, Arbitrum, Optimism and more blockchains interoperable in the near future.

The TDR dedicates itself to guarding the blockchain industry and the crypto market, minimizing panic trading brought on by financial crises, and remedying severe and protracted economic downturns. Besides, the TDR will set risk-free interest rates for stablecoins, regulate the market, and stabilize the exchange rate. It also intends to formulate and implement monetary and exchange rate policies, maintain reserve assets, and minimize systemic risks.

Decentralized USD (USDD) is the first over-collateralized stablecoin with a minimum collateral ratio of 130%. TRON DAO Reserve and other blockchain companies launched it. The guaranteed over-collateralization using various mainstream cryptocurrencies helps ensure the stability and security of USDD and consolidate its value as a true settlement currency.

To support the over-collateralization of USDD, the TDR has significantly increased its reserves to back USDD’s total supply. The reserves incorporate some of the most liquid assets such as BTC, TRX, USDC and USDT. All of these have rendered USDD the most secure decentralized stablecoin in the world.

About Multichain

Multichain improves interoperability across different networks and actualizes smooth asset and value transfers as a cross-chain architecture. Multichain is the leader in the cross-chain sector, with a constantly growing family of non-EVM and EVM chains (currently 53).

About TRON DAO Reserve

The TRON DAO Reserve stabilizes the exchange values of centralized and decentralized stablecoins on TRON and other blockchains by providing liquidity.
It plans to undertake monetary and exchange rate policy and act as a lender of last resort.

SOURCE

https://medium.com/multichainorg/multichain-whitelisted-by-tron-dao-reserve-52b9e200c84

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