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Cryptocurrency Q&A What is USDD pegged to?

What is USDD pegged to?

KimonoGlory KimonoGlory Tue May 28 2024 | 5 answers 844
Could you kindly elaborate on the concept of USDD pegging? I'm curious to understand the specific asset or index that USDD is pegged to, and how this pegging mechanism works to maintain its stability? Could you also explain the advantages and potential risks associated with this pegging? I'm interested in knowing more about how it fits into the broader cryptocurrency and finance landscape. Thank you for your assistance. What is USDD pegged to?
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