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Easily convert EIGEN to USDD with ConvertOnline's efficient tool.
EigenLayer (EIGEN) is a decentralized protocol built on Ethereum that allows users to leverage their staked assets to secure additional services and applications. By utilizing a novel mechanism called 're-staking,' EigenLayer enables Ethereum validators to extend their security to various layers and projects, enhancing the overall ecosystem's efficiency and reducing the need for redundant capital.
USDD (US Dollar Digital Dollar) is a stablecoin designed to maintain a stable value by pegging its worth to the US Dollar. It aims to combine the benefits of digital currencies with the stability of fiat currencies, making it suitable for transactions and storing value.