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3232Tron’s Stablecoin USDD Deviates From the $1 Peg, Justin Sun Says Team Deployed More Capital
https://www.digit.info/trons-stablecoin-usdd-deviates-from-the-1-peg-justin-sun-says-team-deployed-more-capital/
Mon, 12 Dec 2022 15:30:40 +0000https://www.digit.info/2022/12/12/trons-stablecoin-usdd-deviates-from-the-1-peg-justin-sun-says-team-deployed-more-capital/Read more]]>The Tron-based stablecoin USDD has once again dropped below the $1 parity to a low of $0.969 on Monday, Dec. 12, 2022. Amid the drop in USDD’s value, Tron founder Justin Sun tweeted that his team was “deploying more capital,” and the stablecoin’s web portal usdd.io claims the project is overcollateralized by 200.8% at the […]
]]>Tron’s USDD Regains Stability After Tapping an All-Time Low at $0.92
https://www.digit.info/trons-usdd-regains-stability-after-tapping-an-all-time-low-at-0-92/
Tue, 05 Jul 2022 11:30:53 +0000https://www.digit.info/2022/07/05/trons-usdd-regains-stability-after-tapping-an-all-time-low-at-0-92/Read more]]>Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s […]
]]>Tron’s Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity
https://www.digit.info/trons-stablecoin-usdd-falls-to-0-97-usdc-deployed-to-defend-the-1-parity/
Mon, 13 Jun 2022 19:30:57 +0000https://www.digit.info/2022/06/13/trons-stablecoin-usdd-falls-to-0-97-usdc-deployed-to-defend-the-1-parity/Read more]]>After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD. On June 13, the crypto asset tron (TRX) dropped significantly in value and Tron’s founder Justin Sun spoke about traders shorting the digital currency. Sun explained that the Tron DAO Reserve would deploy […]
The Tron-based stablecoin USDD has once again dropped below the $1 parity to a low of $0.969 on Monday, Dec. 12, 2022. Amid the drop in USDD’s value, Tron founder Justin Sun tweeted that his team was “deploying more capital,” and the stablecoin’s web portal usdd.io claims the project is overcollateralized by 200.8% at the […]
Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s […]
After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD. On June 13, the crypto asset tron (TRX) dropped significantly in value and Tron’s founder Justin Sun spoke about traders shorting the digital currency. Sun explained that the Tron DAO Reserve would deploy […]