As of June 7, TRON DAO reserve holds $2.2 billion.
The supply of USDC has also increased to 445 million.
TRON DAO reserve has made some recent purchases of tokens to increase the count.
The motto of the TRON reserve is to stabilize the crypto market and blockchain industry. One of the latest is $10 million USDD and TRX, along with the increase in USDC supply to 445 million.
As per the official report, the reserve holds $ 2.2 billion and a guarantee of 723 million USDD. The major purpose of the reserve is to act as the collateral for the stablecoin project.
USDD Recap
The stablecoin USDD lost its $1 peg lastly on June 13 and fell low up to $0.9317 on June 19. For the past month, the coin has been struggling to regain its peg.
USDD Price Chart (Source: CMC)
The current price of USDD is $0.9959, and the circulating supply is 723 million with 24 hrs trading volume of $98 million.