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USDD Stablecoin

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

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

Bitwise files Form S-1 for spot Solana ETF with SEC

Tron DAO Reserve Purchases $38 Million in TRX to Safeguard the Stablecoin USDD

Tron DAO Reserve Purchases  Million in TRX to Safeguard the Stablecoin USDDOn May 5, Tron’s algorithmic stablecoin USDD went live and so far, the fiat-pegged token has been listed on a number of decentralized finance (defi) protocols. Two days later, the Tron DAO Reserve announced it purchased 504.6 million tron (TRX) to back the algorithmic stablecoin, as the project aims to leverage a decentralized forex reserve […]

Bitwise files Form S-1 for spot Solana ETF with SEC