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3232Tron’s USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit
https://www.digit.info/trons-usdd-remains-below-the-1-parity-for-24-hours-token-hits-a-low-at-0-95-per-unit/
Wed, 15 Jun 2022 16:30:42 +0000https://www.digit.info/2022/06/15/trons-usdd-remains-below-the-1-parity-for-24-hours-token-hits-a-low-at-0-95-per-unit/Read more]]>Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958 per unit. The Tron DAO Reserve has deployed more tron tokens and USDC to defend the peg and the DAO’s reserve web page shows the coin is overcollaterized by 314% […]
]]>Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token
https://www.digit.info/despite-overcollateralized-reserve-trons-usdd-stablecoin-slips-to-0-974-per-token/
Tue, 14 Jun 2022 14:30:18 +0000https://www.digit.info/2022/06/14/despite-overcollateralized-reserve-trons-usdd-stablecoin-slips-to-0-974-per-token/Read more]]>Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped to $0.974 per unit, indicating a small amount of instability continues to plague the fiat-pegged token. The dip to $0.97 follows Monday’s deviation from the parity and comes after the Tron […]
Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958 per unit. The Tron DAO Reserve has deployed more tron tokens and USDC to defend the peg and the DAO’s reserve web page shows the coin is overcollaterized by 314% […]
Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped to $0.974 per unit, indicating a small amount of instability continues to plague the fiat-pegged token. The dip to $0.97 follows Monday’s deviation from the parity and comes after the Tron […]