The USDD Stablecoin Depegs to $0.97
The USDD stablecoin, created by Justin Sun, no longer has a dollar peg. Prior to an hour or so, the USDD decreased to $0.970
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Latest firstTron DAO Reports over $2.2B in Reserves, Collateral Rate at 313%
Key Takeaways USDD is overcollateralized by 313.7% at the time of writing The TRON DAO Reserve currently holds $2.2 billion in collateral across TRX, BTC, USDT, and USDC for 990 Million USDD TronDAO, a Decentralized Autonomous Organization (DAO), has reported…
Tron Sees a 45% Rise in its TVL After the Launch of its Stablecoin USDD
Key Takeaways Tron’s TVL reached the $6 billion mark, Tron TVL has risen despite the bearish condition of the economy, USDD gets positive reception among investors. Tron’s Total Value Locked (TVL) witnessed a 45% surge and reached $6 billion following…
