[Justin Sun responds to the withdrawal of BTC collateral from USDD: USDD does not belong to anyone] Golden Finance reported that in response to The Block's report on Sun's withdrawal of BTC collateral from USDD, Sun responded on the X platform: "USDD is a decentralized stablecoin protocol that has nothing to do with anyone's name, just like Satoshi Nakamoto created Bitcoin, but Bitcoin does not belong to Satoshi Nakamoto." Earlier news, Tron DAO Reserve withdrew about $750 million worth of Bitcoin on Wednesday, which was previously used to support the USDD stablecoin. Tron founder Justin Sun said that users do not need to worry, explaining that the move was to improve capital efficiency because USDD's previous long-term collateral rate exceeded 300%.

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