Tron’s USDD stablecoin fell below $0.97 today, and founder Justin Sun has tried to reassure users by saying that he is “deploying more capital” to defend the peg.
Tron’s USDD Stablecoin Depegs To Lowest Value Since June 2022
Tron’s Decentralized...
The Tron price crashed hard as investors reacted to the rising risks of its stablecoin that is known as USDD. The TRX token crashed to a low of $0.055, which was the lowest level since January this...
Tron has had a spectacular month in May even as other cryptocurrencies have pulled back and others crashed. The TRX token is trading at $0.081, which is about 30% above the lowest level this month. As a...
The Tron price has been a bit volatile in the past few days as worries about its newly launched USDD stablecoin that has a close resemblance to Terra USD. The coin is trading at $0.069, which is...
Founder of TRON Justin Sun announced the launch of an algorithm stablecoin on this network. Called USDD, the digital asset will be deployed on May 5, 2022, and will offer users a basic “risk-free” interest rate of 30%...
