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3232Tron’s USDD Stablecoin Experiences Fluctuations Again, Drops Below $1 Parity in Early 2023
https://www.digit.info/trons-usdd-stablecoin-experiences-fluctuations-again-drops-below-1-parity-in-early-2023/
Wed, 11 Jan 2023 00:30:08 +0000https://www.digit.info/2023/01/11/trons-usdd-stablecoin-experiences-fluctuations-again-drops-below-1-parity-in-early-2023/Read more]]>The Tron-based stablecoin USDD fell below $1 parity again during the first week of 2023 and on Jan. 10. Four days ago, the stablecoin dropped to $0.972 per unit and on Tuesday, Jan. 10, 2023, USDD slipped to $0.977 per unit. At the time of writing, the Tron-issued stablecoin is trading at 98 cents per […]
]]>Tron’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 Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD
https://www.digit.info/trons-justin-sun-reveals-decentralized-algorithmic-stablecoin-usdd/
Thu, 21 Apr 2022 18:30:27 +0000https://www.digit.info/2022/04/21/trons-justin-sun-reveals-decentralized-algorithmic-stablecoin-usdd/Read more]]>On April 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the USDD Network will “provide custody service for the $10 [billion] worth of highly liquid assets raised from blockchain industry initiators and use them as an early-stage reserve.” Tron to Launch […]
The Tron-based stablecoin USDD fell below $1 parity again during the first week of 2023 and on Jan. 10. Four days ago, the stablecoin dropped to $0.972 per unit and on Tuesday, Jan. 10, 2023, USDD slipped to $0.977 per unit. At the time of writing, the Tron-issued stablecoin is trading at 98 cents per […]
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 […]
On April 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the USDD Network will “provide custody service for the $10 [billion] worth of highly liquid assets raised from blockchain industry initiators and use them as an early-stage reserve.” Tron to Launch […]