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Tron’s USDD Stablecoin Experiences Fluctuations Again, Drops Below $1 Parity in Early 2023
11.1.2023
The Tron-based stablecoin USDD fell below $1 parity again during the first week of 2023 and on Jan. 10. Four days ago, the stablecoin dropped to $0.972 per unit and on Tuesday, Jan. 10, 2023, USDD slipped to $0.977 per unit. At the time of writing, the Tron-issued stablecoin is trading at 98 cents...
Tron's USDD Stablecoin Falls to Under $0.97, Lowest Level Since June
12.12.2022
The algorithmic decentralized stablecoin modeled after Terra's now-defunct UST lost its dollar peg last month as the collapse of FTX dented investor confidence in digital assets
Tron's stablecoin USDD loses dollar peg on suspected selloff by Alameda Research
10.11.2022
Wallets associated with Sam Bankman-Fried's Alameda Research could be behind the dollar de-peg, alleges Tron founder Justin Sun
Tron Network USDD Stablecoin Wobbles from Dollar Peg Amid Latest Crypto Crisis
10.11.2022
The Tron network's algorithmic stablecoin, the $700 million USDD, fell to 97 cents from its supposed $1 anchor
USDD Continues to Trade for Under $1 — Tron DAO Reserve Insists Stablecoin Has Not Depegged
21.6.2022
Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of around $0.943 to $0.966 per unit and the day prior on June 19, USDD saw an all-time low at $0.928 per unit. Despite being below the U.S. dollar parity,...
Tron’s USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit
15.6.2022
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...
Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token
14.6.2022
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...
USDD stablecoin falls to $0.97, DAO inserts $700M to defend the peg
13.6.2022
Analytics platform Nansen showed that one of the funds that capitalized on the UST depeg has started to transfer large amounts of USDD
Justin Sun Talks USDD Stablecoin in Wake of LUNA/UST Unravel
14.5.2022
The controversial crypto entrepreneur explains how an algorithmic stablecoin can still succeed while denying rumors he was behind the de-pegging of Terra’s failed UST
Biggest Movers: Tron Climbs to 5-Month High, With WAVES up 15%
4.5.2022
Tron (TRX) rallied to a five-month high earlier in today’s session, as bulls continued to feed off recent news of the USDD stablecoin. While TRX climbed to multi-month highs, WAVES moved away from a two-month low today, as prices surged by as much as 15%. Tron (TRX) May the 4th...
Biggest Movers: XMR Climbs to 6-Month High, TRX up 17% Following News of USDD Stablecoin
21.4.2022
TRX 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...