USDD, a multi-chain decentralized overcollateralized stablecoin, has officially rolled out its Vault feature on Ethereum. The launch allows users to mint USDD by posting ETH and WBTC as core collateral assets. According to the announcement carried by ChainCatcher, the move extends the Vault model beyond its earlier deployment on the TRON network.
With the Ethereum rollout, the USDD Vault module now operates across two chains and uses ETH and BTC-linked assets as its two core mainstream collateral pillars. The update broadens access for holders of major crypto assets who want to participate in the USDD ecosystem. No additional details on parameters or timing beyond the launch announcement were disclosed in the source provided.
USDD, a multi-chain decentralized overcollateralized stablecoin, has officially rolled out its Vault feature on Ethereum, according to ChainCatcher. The new tool lets users mint USDD with ETH and WBTC as the main collateral assets.
This update builds on the earlier Vault launch on the TRON network. And with the Ethereum debut, the USDD Vault module is now in a dual-chain phase, using ETH and BTC-linked assets as its two main mainstream collateral bases. That opens more ways in for holders of major crypto assets to join the USDD ecosystem.
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