Bloomberg News reports that Tron debuted the USDD algorithmic stable coin last month and intends to keep at bay any kind of trouble that its fellow token, namely, TerraUSD, faced. As such, Tron is looking for greater transparency and adding collateral. More on this The total USDD supply is at approximately $668 million, the Tron DAO Reserve website and as indicated by CoinGecko. USDD currently manifests a collateralization ratio of 206%, as per the TDR website. At the same time, the company has stated that a minimum collateral ratio of 130%, which is guaranteed, will be maintained. TDR's site indicates reserves in Bitcoin, Tether, and Tron's TRX of $710 million and an overall total of $1.37 billion of assets which backs the USDD in circulation, as per the statement. The move has come just a couple of weeks following the collapse of the Luna and TerraUSD ecosystem but erasing a market value combined that once had surpassed the $60 billion mark. The founder of Tron, Justin Sun, revealed in a recent interview that this is a move that has been in their plan, but with Terra and Luna, it has been prioritized and accelerated for the team. The Tron founder also said that they would want to have USDD over-collateralized; which he thinks will make it comfortable for market participation about them in the future. Algorithmic stable coins that are supposed to stay at a constant price, often $1, have a troubled history. Efforts like Basis and Neutrino were found to lose their dollar pegs, some in a spectacular manner, after declining prices in stabilizing tokens. According to Bloomberg News, last month’s Luna and TerraUSD’s implosion further led to the devastation of the cryptocurrency complex, which is struggling due to rate hikes by the Federal Reserve and high inflation. Ether and Bitcoin, which are the two largest tokens are more than 50% lower than their November highs, and several assets have slid down further. In an interview last month, Sun stated that the collapse of Terra/Luna extended a chance to adjust the other projects and that the USDD would look forward to raising $10 billion through TDR so that its peg could be defended. Tron has performed relatively well amidst the efforts put on USDD. The TRX token by market cap was the biggest towards the end of April, and it is now sitting on the 13th spot, as per pricing obtained from CoinGecko. Bloomberg News reports that Sun stated that one of his takeaways on TerraUSD and Luna was that Luna Foundation Guard has been very passive and adopted a strategy to trade Bitcoin that was easy to forecast and would have made it easier to be attacked.