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usdr – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Tue, 17 Dec 2024 13:00:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png usdr – DIGIT INFO https://www.digit.info 32 32 Tether backs European stablecoin firm StablR amid USDT uncertainty https://www.digit.info/tether-backs-european-stablecoin-firm-stablr-amid-usdt-uncertainty/ Tue, 17 Dec 2024 13:00:28 +0000 https://www.digit.info/tether-backs-european-stablecoin-firm-stablr-amid-usdt-uncertainty/

Tether, the issuer of the world’s largest stablecoin by market cap, will provide its tokenization tech to Malta-based stablecoin firm StablR.

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]]> Trader swaps 131k stablecoins for $0 during USDR depeg https://www.digit.info/trader-swaps-131k-stablecoins-for-0-during-usdr-depeg/ Thu, 12 Oct 2023 16:15:09 +0000 https://www.digit.info/2023/10/12/trader-swaps-131k-stablecoins-for-0-during-usdr-depeg/

An attempt to withdraw USDR stablecoins amid a liquidity crunch appears to have gone horribly wrong.

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]]> USDR stablecoin depegs to $0.53, but team vows to provide solutions https://www.digit.info/usdr-stablecoin-depegs-to-0-53-but-team-vows-to-provide-solutions/ Thu, 12 Oct 2023 00:15:34 +0000 https://www.digit.info/2023/10/12/usdr-stablecoin-depegs-to-0-53-but-team-vows-to-provide-solutions/

Real-estate-backed stablecoin USDR fell to $0.53 per coin on Oct. 11, but the team said it was merely a liquidity issue and that real estate holdings and digital assets will be used to support redemptions.

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