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Tron’s Stablecoin USDD Deviates From the $1 Peg, Justin Sun Says Team Deployed More Capital

Tron’s Stablecoin USDD Deviates From the  Peg, Justin Sun Says Team Deployed More CapitalThe 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 […]

Trader who lost $26M to copy-paste error says it’s been ‘max pain’

Tron’s Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity

Tron’s Stablecoin USDD Falls to alt=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 […]

Trader who lost $26M to copy-paste error says it’s been ‘max pain’