Geneva, Switzerland / November 8, 2022 / – Messari, the leading provider of crypto market intelligence, released two quarterly analysis reports related to the TRON ecosystem – State of TRON Q3 2022 and State of USDD Q3 2022. Both reports indicated positive conclusions about the stable and secure strength of USDD and the TRON network as a whole.
The USDD report marked the first time Messari provided market intelligence in quarterly report form on the over-collateralized stablecoin issued by the TRON DAO Reserve (TDR), custodian of USDD, currently with nine whitelisted members. USDD is backed by select crypto assets, including BTC, USDT, USDC, and TRX. The State of USDD report includes insights on performance, issuance, deposits, reserve balance, user adoption, transactions, price analysis, and total value locked. Readers can also get qualitative analysis on subjects such as monetary policy and the peg stability module (PSM).
Key insights on the USDD Report include:
The State of TRON Report was also the first edition of quarterly coverage from Messari. This report highlights performance analysis, ecosystem development, and qualitative analysis. Readers can also get an overview of TRON’s TVL, Strategy and Challenges, and a forecast of the road ahead.
Key insights on the TRON Report include:
Both reports noted the stabilizing effect of USDD’s collateralization, adoption, and future use cases. The TRON DAO community is thrilled with the encouraging conclusions from the Messari research team.
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