The 𝗣𝗲𝗴𝗴𝗲𝗱 𝗦𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗠𝗼𝗱𝘂𝗹𝗲, commonly called a PSM, is an important concept in stablecoin infrastructure. The basic idea is to provide a mechanism through which users can exchange one stable asset for another according to predefined parameters. Within the USDD ecosystem, the PSM is designed around major stablecoins such as 𝗨𝗦𝗗𝗧 and 𝗨𝗦𝗗𝗖. Why does that matter? Because liquidity and convertibility are important components of maintaining stablecoin usability. A stablecoin becomes more useful when users have mechanisms for moving between related dollar denominated assets without depending entirely on open market trading. @usddio_cn @justinsuntron #TRONEcoStar
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