# What is the new version of USDD? The new version of USDD is a fully decentralized stablecoin pegged to the US dollar, backed by crypto collateral. Unlike traditional stablecoins, it operates without a central authority, ensuring that its value remains stable while being governed by the community. USDD provides users with a secure and transparent digital asset, designed to maintain its 1:1 peg to the US dollar through a system of over-collateralization. USDD is tamper-proof and cannot be frozen, giving users full control over their assets. With its decentralized nature, USDD avoids the risks of centralization and provides a trustless solution for transactions within the decentralized finance (DeFi) ecosystem. It aims to bridge the gap between traditional finance and the growing world of DeFi, offering a stable and reliable currency for users to transact and invest. \ **Note:** Throughout this document, all references to "USDD" specifically refer to the new version of USDD. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.usdd.io/introduction/readme.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.