USDD has depegged, as we all probably know by now. I did some digging and found that USDD was based on shady fundamentals. There is no inherit buy pressure and as soon as people lose their confidence then it can depeg even further. On the other hand tron dao has the reserves in order to fight it, but they don’t seem capable of doing that properly.
USDD is basically based on the concept of luna, which we all know collapsed horribly. Users were able to exchange 1 dollar worth of TRX for 1 USDD in order to mint it, the burning mechanism as outlined in their whitepaper where users could exchange 1 USDD for 1 dollar of USDD isn’t implemented yet. This basically means that USDD doesn’t have any inherit buy pressure other then the reserves and if people really start to lose confidence then the situation can quickly depeg and unravel.