One Week Later, Tronвђ™s Terra Ripoff Is Still Wo... File

Following its May 2022 launch, TRON’s USDD faced scrutiny for using an algorithmic "mint-and-burn" mechanism similar to Terra's failed UST, leading to concerns regarding its stability and high yields. The project subsequently evolved from this initial design into an over-collateralized model, utilizing a diversified reserve to maintain a 1:1 peg, as detailed by CoinMarketCap .