On Wednesday, Justin Sun, the founder of Tron, announced the imminent debut of USDD 2.0, highlighting that it will provide a 20% annual percentage yield ( APY), with the entirety of the return “fully subsidized” by the Tron DAO. “All interest will be sent in advance to a transparent address,” Sun told his 3.7 million X followers. “There’s no other reason—it’s simply because we have plenty of money. So, stop asking me questions like ‘where does the yield come from,’” he added. As of press time, the stablecoin USDD 1.0 holds a market valuation of $747.65 million. Its market cap has remained relatively stable at this level since 2022. In a follow-up to his statement about the yield source, Justin Sun posted on X, noting that USDD is “powered by” just (JST) coin and the JUST Foundation.
USDD 2.0 Set to Launch: 20% APY 'Fully Subsidized' by the Tron DAO
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