USDD is now on Ethereum. The Justin Sun-backed algorithmic stablecoin has launched natively on the network, a move its team calls a “key milestone” in becoming a multi-chain asset.
The launch comes with an exclusive airdrop for early users and the promise of sUSDD, a yield-bearing savings version.
The stablecoin will utilize a Peg Stability Module to maintain its dollar peg against major stablecoins like USDT and USDC, aiming to bring “stability and scalability” to Ethereum.
