Crypto Billionaire Justin Sun’s USDD Stablecoin Launches on Ethereum – Can it Overtake Tether?

Justin Sun's USDD on Ethereum has launched with a Peg Stability Module for 1:1 USDT/USDC swaps after a CertiK audit. The Stablecoin has kept 204.5% overcollateralization and rewards up to 12% APY, while Tether has led liquidity and market cap as Ethereum’s stablecoin supply has reached a record now.