TRON DAO Added US$500 Million in USDC to its Reserve TRON DAO announced that it has added US$500 million in USDC to its reserve to support the dollar parity of its algorithmic stablecoin, but USDD has been out of sync with the greenback for nearly two days. USDD maintains its peg to the dollar by an algorithmic method that involves burning TRON's native token TRX – a model similar to the Terra UST (now USTC) stablecoin. The TRON DAO Reserve states that USDD is backed by Bitcoin, USDT, USDC, and TRX to 310 percent. https://www.torum.com/post/62a97d2ffe51b60015a00a2b