Welcoming the era of stable currency 3.0, usdd brings financial innovation

financial innovation （financial innovation） It refers to all forms of innovative activities in the financial field , Is to change the existing financial system and add new financial instruments , To obtain potential profits that cannot be obtained by the existing financial system and financial instruments . In the process , There is bound to be a need for “ Freshmen ” Break one inherent shackle after another , To usher in real innovation . without doubt , Today, the problem of traditional financial over centralization is in constant trouble ,USDD Pushed forward by the needs of history .

Innovation means facing major problems , that , What are the bottlenecks that restrict the development of traditional finance ？ On the whole , The transaction structure of traditional finance is centralized , Caused by centralized mode “ Policy spreads ” and “ Information spread ” Increased the cost of financing , Hindering the optimal allocation of capital . meanwhile , Since the advent of bitcoin , Mankind has seen a real solution to the problem of traditional financial over centralization .

4 month 21 Japan , Wave field TRON Founder sun Yuchen announced ： The wave field will officially enter the field of decentralized and stable currency , Relying on one of the three global public chains 、 The world's largest stable currency network wave field TRON, Release decentralized stabilization currency USDD. also , Wave field DAO Wave field joint reserve will be established jointly with mainstream institutions in the blockchain industry , Do not rely on any centralized entity , Realize human financial freedom with mathematics and algorithm .

At present USDT、USDC and UST Stable currency issued by centralized institutions , While contributing to the record high volume of global encrypted asset transactions , It is also exposing obvious disadvantages ： Over centralization is inconsistent with the core spirit of blockchain 、 Excessive additional issuance will dilute the value , And the risk of evil caused by the monopoly of issuance right, etc .

But what if we can decentralize the stability currency itself ？ This is easier said than done . To succeed , The stability currency agreement must achieve liquidity 、 Stability and user adoption .

It is reported that ,Omni chain USDT Dominant 1.0 Time , Stable currency has no independent blockchain , It can only be completely attached to the blockchain of bitcoin , Stable currency transfer takes a long time ,30 Minutes or more , The cost is very high , It often costs a hundred dollars to complete the transfer , The main reserve us dollars are also used by centralized institutions for redemption management and reserve ; Wave field USDT Dominant 2.0 Time ,USDT Cross era migration to wave field blockchain , It has an independent decentralized liquidation layer , The transfer time is determined by 30 Minutes are compressed to less than one second , Fees are paid by 100 The dollar is compressed to the level of cents , Close to zero , The capacity of the whole blockchain jumped to... In a single day 1000 Ten thousand daily , The total amount of clearing in a single day exceeded 100 Billion dollars , since 2019 Since its launch in , Wave field USDT The total amount of clearing has exceeded 4 Trillions of dollars .2.0 Although the stable currency of the times has reached a high speed , Low fee , High scale standards , However, the reserve of stable currency is still managed and reserved by centralized institutions .

After realizing the wave field USDT2.0 After the success of the times , Wave field DAO Self revolution , Try your best to build the wave field USDD, Push the development of global human stability to a new height , Create a completely decentralized , Believe in the stability of mathematics and algorithms , It is built on the most efficient and low-cost stable currency network of mankind at present , Let human beings enter the wave field USDD Mainly stable currency 3.0 Time .

Wave field USDD Dominant 3.0 Time ,USDD Will continue USDT stay 2.0 The high speed of the times , Low fee , High scale model standards , However, the stable currency itself no longer relies on centralized institutions for redemption management and reserve , And completely decentralized in the chain . No matter what the market situation is ,USDD Agreements will be decentralized in the form of USDD The market exchange rate remains at the target 1:1 exchange rate .

So , Wave field DAO The establishment of wave field joint reserve will be initiated by the mainstream institutions in the blockchain industry to ensure USDD Sustainable development . The wave field joint reserve will also serve as the initial custodian to maintain the stability of wave field decentralization USDD Rights management , Guaranteed by reserve financial assets , Guarantee USDD Exchange rate stability and USDD Decentralization of .

In accordance with the plan , At the beginning of its establishment, the wave field joint reserve will save the funds raised by the sponsors of the hosting blockchain industry 100 $billion of highly liquid assets as early reserves , All reserves will be in the future 6-12 Months into the wave field joint reserve . In the future, it will continue to absorb more liquid assets as financial reserves , And will absorb more whitelist institutions as wave fields DAO Joint Reserve shareholders , Give better play to the functions of decentralized central banks .

USDD The emergence of marked a stable currency 3.0 Coming of age , It also represents the completion of another major innovation in the financial world . Sun Yuchen said ：“ Our ultimate vision is to make finance a human right , Let financial services be like water 、 The air is the same , Become a basic right that everyone in the world can enjoy freely .”