Justin Sun will allocate $2 billion to secure USDD
Justin Sun saw signs of an impending attack on the algorithmic stablecoin USDD launched on the Tron network in May.
The head of the Tron Foundation has promised to allocate $2 billion through the TRON DAO Reserve to prevent USDD from losing its peg to the US dollar, as happened with Terra USD (UST).
Recall that the stablecoin UST fell to $0.5. At the time of writing, UST is trading around $0.5.