Last night, the market was again volatile. There are reports that asset management institutions sold off a large amount of ETH at a critical moment, approaching 1 billion USD, with over 36,000 ETH dumped, causing many to start worrying about safe-haven assets.

Amidst this market noise, I paid more attention to the USDD holdings. Not because it has the loudest voice, but because during intense market fluctuations, it appears particularly stable—this sense of stability comes from some very tangible factors.

**Why is USDD trustworthy during market panic?**

Simply put, two points: transparency and decentralization.

**Over-collateralization, a sufficiently thick safety cushion**

USDD is not created out of thin air. For each USDD issued, there is over-collateralization with mainstream assets like BTC and TRX. How high is this ratio? Significantly above the issuance volume. In other words, even if the market crashes, the value of the supporting assets still exceeds the amount issued. All collateral data is publicly on-chain, accessible to anyone. No black box—this is what "clear financial backing" means.

**Decentralized governance, no one can shut it down with a single click**

Unlike stablecoins that rely on centralized corporate decisions, USDD is governed by the Tron DAO Reserve community. This means its fate is not controlled by any single institution but is decided collectively by holders. This structure naturally avoids single points of failure.

The market is always full of uncertainties, but choosing assets with "transparent backing and transparent operation" can always provide some peace of mind.