SUN.io announces support for USDD 2.0 exchange in PSM

Odaily News SUN.io officially announced that it supports the newly upgraded USDD 2.0 exchange in Peg Stability Module (PSM). Users can now use PSM to exchange USDD with other stablecoins at a 1:1 fixed exchange rate. PSM is a stablecoin exchange tool launched by the Federal Reserve of Poland. Users can use PSM to exchange USDD with other stablecoins at a 1:1 fixed exchange rate.
It is reported that the upgraded USDD 2.0 has introduced more powerful security mechanisms, including a secure liquidation process, dynamic collateral rate adjustment and optimized risk management protocols, aiming to enhance its decentralized characteristics and overall stability, and ensure that USDD maintains a 1:1 anchor to the US dollar during market fluctuations.
In addition, the USDD-related assets previously involved in the SUN.io platform have been uniformly renamed as USDD OLD. Users need to pay attention to the changes in asset identification to avoid confusion. The SUN.io team said that it will continue to optimize the user experience and promote the healthy development of the DeFi ecosystem.