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

Bitcoin.com
Tron DAO Reserve Purchases Million in TRX to Safeguard the Stablecoin USDD
$211 million
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 […]
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Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to 0M: Report

Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

TRON (TRX) Founder Justin Sun Announces Launch of New Stablecoin Backed by Crypto Assets

The Daily Hodl
TRON (TRX) Founder Justin Sun Announces Launch of New Stablecoin Backed by Crypto Assets
Altcoins
TRON (TRX) Founder Justin Sun Announces Launch of New Stablecoin Backed by Crypto Assets

TRON (TRX) CEO Justin Sun is announcing that a new decentralized stablecoin is launching on the smart contract platform. Sun tells his 3.3 million Twitter subscribers that the TRON decentralized autonomous organization (DAO) has worked in conjunction with other prominent blockchains to launch stablecoin Decentralized USD (USDD). According to an open letter penned by Sun, […]

The post TRON (TRX) Founder Justin Sun Announces Launch of New Stablecoin Backed by Crypto Assets appeared first on The Daily Hodl.

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Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to 0M: Report

Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD

Bitcoin.com
Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD
30% APY
Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDDOn April 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the USDD Network will “provide custody service for the $10 [billion] worth of highly liquid assets raised from blockchain industry initiators and use them as an early-stage reserve.” Tron to Launch […]
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Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to 0M: Report

Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

Biggest Movers: XMR Climbs to 6-Month High, TRX up 17% Following News of USDD Stablecoin

Bitcoin.com
Biggest Movers: XMR Climbs to 6-Month High, TRX up 17% Following News of USDD Stablecoin
Analysis
Biggest Movers: XMR Climbs to 6-Month High, TRX up 17% Following News of USDD StablecoinTRX was up by over 17% on Thursday, as founder H.E. Justin Sun announced that a new stablecoin, USDD, was going to be launched on the TRON blockchain. XMR was another big mover today, climbing to its highest point since November. TRON (TRX) TRX surged today, as founder H.E. Justin Sun of TRON confirmed that […]
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Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to 0M: Report

Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

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