Tag: USDD
Circle’s USDC instability causes domino effect on DAI, USDD stablecoins
The stablecoin ecosystem felt an immediate effect as USD Coin (USDC) depegged from the US dollar due to a subsequent sell-off after Silicon Valley Ban [...]
Tron Price Sinks 8%, USDD Depegs Amid Drama at Justin Sun-Related Huobi Crypto Exchange
TRX fell nearly 8% in the past 24 hours, data shows. The price is above a support level of 5 cents, and if it drops below, the tokens could slip to as [...]
Tron’s USDD Stablecoin Falls to Under $0.97, Lowest Level Since June
UST crashed in May, destroying billions in investor wealth. However, before the crash, UST's market capitalization was $18 billion – or 18 times bigge [...]
Tron’s stablecoin USDD loses dollar peg on suspected selloff by Alameda Research
In April 2022, the Tron network launched USDD, a token pegged to the U.S. dollar, as an "over-collateralized stablecoin," meaning its likelihood of sl [...]
Tron Network USDD Stablecoin Wobbles from Dollar Peg Amid Latest Crypto Crisis
The USDD liquidity pool on the decentralized finance protocol Curve, where users can trade USDD for other stablecoins such as USDT, USDC and DAI, is h [...]
USDD stablecoin falls to $0.97, DAO inserts $700M to defend the peg
While the market has not yet fully recovered from the onslaught caused by the TerraUSD (UST) depeg, another stablecoin project shows signs of distress [...]
Justin Sun Talks USDD Stablecoin in Wake of LUNA/UST Unravel
The controversial crypto entrepreneur explains how an algorithmic stablecoin can still succeed while denying rumors he was behind the de-pegging of Te [...]
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