Kraken officially launches USDD, opening spot trading for USDD/USD and USDD/EUR

Industry Express
2025-04-03 12:01:50
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Kraken was founded in 2011 and is headquartered in San Francisco, USA. It is known for its security, compliance, and high liquidity, and is one of the few cryptocurrency exchanges that first offered spot trading, derivatives, and index products. The recent listing of USDD on Kraken not only enhances its market position as a decentralized stablecoin but also further strengthens global user trust, injecting new momentum for its advancement towards industry leadership.

According to official news, the stablecoin USDD on the TRON blockchain has officially launched on the well-known cryptocurrency exchange Kraken, which has opened spot trading pairs for USDD/USD and USDD/EUR, and provides deposit and withdrawal services. This strategic cooperation marks a significant breakthrough for USDD in the layout of global mainstream trading platforms, taking a key step towards building a global financial infrastructure.

Founded in 2011 and headquartered in San Francisco, USA, Kraken is known for its security, compliance, and high liquidity, and is one of the few cryptocurrency exchanges that first offered spot trading, derivatives, and index products. The listing of USDD on Kraken not only enhances its market position as a decentralized stablecoin but also further strengthens global user trust, injecting new momentum into its journey towards industry leadership.

Technical Upgrades and Ecological Innovation: The Advancement of USDD

As a core component of the stablecoin ecosystem on the TRON blockchain, USDD has attracted significant attention since its launch. On January 25, 2025, USDD completed a comprehensive upgrade, marking its entry into a new stage of development. The upgraded USDD not only achieved unprecedented decentralization, allowing users to mint USDD directly, but also made significant improvements in security and decentralization through a series of innovative technologies, including a secure clearing mechanism, dynamic collateral ratios, and an advanced risk management system.

After completing the product upgrade, USDD quickly launched a highly anticipated 20% annualized staking activity. This activity was first introduced on the decentralized lending platform JustLend within the TRON ecosystem, providing users with high-yield participation opportunities. The USDD team stated that this staking activity aims to enhance user engagement and asset appreciation experience, and will continue to launch diversified staking activities in the future, actively inviting more partners to join in exploring innovative models in the staking field, creating more value for users and ecological participants. This "technology + yield" dual-driven strategy allows USDD to stand out in the stablecoin market.

It is worth mentioning that the smart contract code of USDD has passed a comprehensive assessment and strict audit by the well-known blockchain security auditing agency ChainSecurity, with results showing that its contract codebase possesses extremely high security. This audit result not only provides strong technical endorsement for USDD but also further enhances global user trust, laying a solid foundation for its long-term development in the stablecoin market.

Compliance Assurance and Global Expansion: USDD's International Strategy

In the current context of systemic risk testing in the cryptocurrency market, USDD is reshaping the international competitiveness of decentralized stablecoins by constructing a three-dimensional strategic matrix of "technical compliance + ecological co-construction + financial innovation." As an important part of this strategy, the deep cooperation between USDD and Kraken is of benchmark significance, not only validating the recognition of decentralized stablecoins in the mainstream financial system but also opening up compliance pathways for traditional capital to enter the cryptocurrency market.

Against the backdrop of ongoing global inflationary pressures, USDD, with its characteristics of both stability and yield, is expected to become an important choice for institutional investors' asset allocation. In the future, USDD will continue to enrich its application scenarios, ensure security through technology and decentralization, while providing users with higher yield subsidies, striving to make USDD a "must-have" option for everyone's asset allocation.

It is foreseeable that this cooperation with Kraken will become an important support point for USDD's international strategy, helping it achieve the grand vision of connecting traditional finance with the cryptocurrency economy. Driven by compliance assurance and global expansion, USDD is steadily moving towards its goal of becoming a leader in the global stablecoin market, opening up broader space for the future development of decentralized finance.

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