2022-6-15 13:46 |
TRONs USDD algorithmic stablecoin has been trading under its dollar peg for more than 24 hours. USDD Drops Below Peg Just 40 days after launching, USDD is fighting for its... origin »
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Tron’s algorithmic stablecoin, Decentralized USD (USDD) remained below its intended price peg with the U.S. dollar on Tuesday even after the team behind the project rushed to shore up the currency with over $2 billion in reserve assets.
2022-6-15 21:09 | |
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The ongoing crash in the cryptocurrency market witnessed a heavy amount of sell-offs across the market. Bitcoin and altcoins, both saw massive liquidations amounting to millions on a daily basis.
2022-6-14 12:30 | |
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Tron’s algorithmic stablecoin, USDD, has raised fears and speculations in the crypto market after its price dipped to $0.97 and lost its peg to the dollar. The post Fears of another Terra-UST implosion simmer as Tron’s USDD stablecoin loses dollar peg appeared first on CryptoSlate.
2022-6-14 09:30 | |
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The emerging cryptocurrency took a fatal hit today after Tron [TRX] lost the peg for its stablecoin USDD. Consequently, following the depegging, the altcoin began freefalling as well, and at the time The post Here's how Tron's [TRX] 18% intra-day crash affected market participants appeared first on AMBCrypto.
2022-6-14 06:30 | |
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Decentralized USD (USDD) fell to as low as 91 cents on crypto exchanges early Monday as crypto markets crashed in the wake of the latest liquidity crisis.
2022-6-14 21:03 | |
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Analytics platform Nansen showed that one of the funds that capitalized on the UST depeg has started to transfer large amounts of USDD.
2022-6-13 13:38 | |
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After Terra’s algorithmic stablecoin TerraUSD (UST) failed miserably in May, TRON announced a plan to back up its own stablecoin with more capital on Sunday morning. An announcement on Sunday says that USDD, an algorithmically stable coin on the TRON blockchain, will now be overcollateralised.
2022-6-7 17:49 | |
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The bear market deepens as negative news and FUD keep popping up. The latest on the list of fear-causing information is Justin Sun’s USDD stablecoin and popular crypto exchange Huobi. Mike Alfred, an investor serving as a board member of BTC miner Iris Energy and digital asset investment platform Eaglebrook Advisors, earlier today voiced out some warnings on USDD stablecoin and Huobi Exchange.
Tron’s algorithmic stablecoin (USDD) has lost its peg amid crypto’s current tribulations due to the FTX collapse. The USDD is on shaky ground USDD, a stablecoin built on Tron’s decentralized autonomous organization (DAO), dropped to $0.967 early on Monday, reaching…
The fallout from this week’s crypto contagion continues to send shockwaves across the industry. The latest digital asset on thin ice is the TRON-based USDD stablecoin. The post TRON-Based USDD Stablecoin on Shaky Ground as It Depegs to $0.97 appeared first on BeInCrypto.
Combined reports from the foremost crypto information aggregator (Messari) and the Tron October report show that USDD Stablecoin Users Increased by 500% in Q3.
After Huobi Global announced that it would be delisting the stablecoin HUSD and auto-converting customer balances 1:1 with USDT, the stablecoin fell to as low as $0.74.
Huobi Global has commenced a 0% trading fee period for USDD pairs. The promo is to last for only two months.
The TRON stablecoin USDD is meant to track the price of the dollar, but its struggled to maintain its peg over the past week. TRON Stablecoin Faces Depeg Issues TRONs...