Tron’s USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit

June 15, 2022 Bitcoin.com

Tron’s USDD Remains Below the Parity for 24 Hours, Token Hits a Low at alt=

bitcoin.com

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% […]

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Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token

June 14, 2022 Bitcoin.com

Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to alt=

Altcoins

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 […]

XRP Healthcare: AI Low-Cap Gem on the XRP Ledger – Fixed Supply, True Scarcity, and Real-World Utility

Tron Founder Justin Sun Announces Plan To Deploy $2,000,000,000 To Defend USDD Peg As Crypto Markets Plummet

June 14, 2022 The Daily Hodl

Tron Founder Justin Sun Announces Plan To Deploy ,000,000,000 To Defend USDD Peg As Crypto Markets Plummet

Altcoins

Tron (TRX) founder Justin Sun says the Tron DAO Reserve will deploy $2 billion to defend the Decentralized USD (USDD) peg. Sun recently unveiled his plan to keep TRX and stablecoin USDD from collapsing amid the sustained sell-off in the crypto markets. “[Tron DAO Reserve] will deploy $2 billion USD to fight them. I don’t […]

The post Tron Founder Justin Sun Announces Plan To Deploy $2,000,000,000 To Defend USDD Peg As Crypto Markets Plummet appeared first on The Daily Hodl.

XRP Healthcare: AI Low-Cap Gem on the XRP Ledger – Fixed Supply, True Scarcity, and Real-World Utility

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

June 13, 2022 Bitcoin.com

$1 Parity

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 […]

XRP Healthcare: AI Low-Cap Gem on the XRP Ledger – Fixed Supply, True Scarcity, and Real-World Utility

Tron (TRX) Founder Justin Sun Unveils Plan To Secure USDD Stablecoin From Terra-Like Collapse

June 7, 2022 The Daily Hodl

Altcoins

Tron (TRX) founder Justin Sun doesn’t want the Decentralized USD (USDD) stablecoin to become the next TerraUSD (UST). Last month, algorithmic stablecoin UST lost its peg to the US dollar and collapsed along with its affiliated stablecoin Terra (LUNA), wiping out $40 billion in crypto market capitalization. Prior to the UST meltdown, the Tron decentralized […]

The post Tron (TRX) Founder Justin Sun Unveils Plan To Secure USDD Stablecoin From Terra-Like Collapse appeared first on The Daily Hodl.

XRP Healthcare: AI Low-Cap Gem on the XRP Ledger – Fixed Supply, True Scarcity, and Real-World Utility

Here’s What’s Next for Ethereum and Two ETH Rivals, According to Top Crypto Analyst

June 2, 2022 The Daily Hodl

Altcoins

Pseudonymous crypto trader Altcoin Sherpa is outlining his outlook on several altcoins amid this week’s market volatility. The analyst tells his 176,300 Twitter followers the native token for smart contract platform Avalanche (AXAX) could see a good short-term trading opportunity soon, though he doesn’t think the asset has hit its “macro bottom” quite yet. $AVAX: […]

The post Here’s What’s Next for Ethereum and Two ETH Rivals, According to Top Crypto Analyst appeared first on The Daily Hodl.

XRP Healthcare: AI Low-Cap Gem on the XRP Ledger – Fixed Supply, True Scarcity, and Real-World Utility

Biggest Movers: TRX Moves Towards 7-Month High as KSM Extends Recent Gains

June 1, 2022 Bitcoin.com

Analysis

TRON neared a seven-month high on Wednesday, as prices climbed for a third consecutive session. This came while KSM also rallied earlier today, gaining by double digits on hump-day. TRON (TRX) TRX moved towards a seven-month high during today’s session, as prices climbed by almost 15% on Wednesday. After trading at a low of $0.08039 […]

XRP Healthcare: AI Low-Cap Gem on the XRP Ledger – Fixed Supply, True Scarcity, and Real-World Utility

Institutional Investors Are Now Accumulating Bitcoin and One of Ethereum’s Biggest Competitors: CoinShares

May 31, 2022 The Daily Hodl

ada

New data shows institutional investors are jumping on the opportunity to buy Bitcoin and one of Ethereum’s main competitors. In its latest Digital Asset Fund Flows Weekly report, CoinShares finds digital asset investment products enjoyed inflows nearing $90 million last week, with leading crypto asset Bitcoin taking the lion’s share. “Digital asset investment products saw inflows […]

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XRP Healthcare: AI Low-Cap Gem on the XRP Ledger – Fixed Supply, True Scarcity, and Real-World Utility

Tron (TRX) Surpasses $6,000,000,000 in Total Value Locked Amid Explosion of USDD Algorithmic Stablecoin

May 31, 2022 The Daily Hodl

Tron (TRX) Surpasses ,000,000,000 in Total Value Locked Amid Explosion of USDD Algorithmic Stablecoin

Altcoins

An under-the-radar altcoin’s total value locked (TVL) is on the rise as its affiliated algorithmic stablecoin continues to capture more market share. Tron (TRX), a project originally designed to serve as a decentralized storage and distribution platform for social media and digital entertainment content, is now the third-largest blockchain in terms of TVL at $6.03 […]

The post Tron (TRX) Surpasses $6,000,000,000 in Total Value Locked Amid Explosion of USDD Algorithmic Stablecoin appeared first on The Daily Hodl.

XRP Healthcare: AI Low-Cap Gem on the XRP Ledger – Fixed Supply, True Scarcity, and Real-World Utility

Tron Now Commands the Third-Largest TVL in Defi — Network’s Stablecoin USDD Confronted by Skepticism

May 30, 2022 Bitcoin.com

Bennett Tomlin

This week the Tron blockchain has become the third-largest network in terms of total value locked (TVL) in decentralized finance (defi) protocols. Interestingly, 48.19% of the TVL is held by the defi protocol Justlend, an application that’s similar to Anchor Protocol as it offers more than 20% APY for USDD deposits. Amid Tron’s TVL rising, […]

TRX

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