Announcement on Upgrading PSM to Support TUSD

Dear users,

In order to provides safer and more stable infrastructure for the USDD ecosystem, TDR will upgrade PSM on Sep 6, 2022 (SGT) . After the upgrade, the PSM will not only support the USDT and USDC but also the TUSD, which goes a further step on improving the stability of the USDD price ,enriches and enhances the USDD issuing mechanism.

After the launch, PSM allows users to exchange TUSD to USDD at a fixed ratio of 1:1. Similarly, it also allows users to exchange USDD to TUSD at a fixed ratio of 1:1. The exchange process has no slippage and no handling fee. At the same time, users can also use PSM and USDD to achieve the exchange between USDT, USDC and TUSD, enriching the application scenarios of the PSM and USDD.

TDR will continuous improve the features of the PSM and bring better experience and higher revenue to users.

Welcome to experience.

Thank you for supporting PSM!

6th Sep 2022