According to Odaily, Justin Sun recently shared his thoughts on USDD via X, addressing concerns about decentralized stablecoins. Sun emphasized that the primary worry for many is the collateral issue and the potential for cascading liquidations during downturns. While he refrained from discussing technical preventive measures, he assured that specific parameters would be available upon release. Sun highlighted the significant advantage of Tron’s on-chain revenue and burn mechanism, which currently stands at $2 billion annually. He expressed confidence that this could support a stablecoin with a market cap of $2-3 billion, meeting most of the community's needs.
Previously, Sun mentioned that Tron’s primary objective for Q4 is to upgrade USDD, with a series of initiatives set to be introduced.
