Tron‘s Decentralised USD (USDD/USD) stablecoin dipped below $0.97 on Monday to touch its lowest level sincethe market turmoil of June 2022. As per data from market tracking site CoinGecko, USDD’s valu...
Tag: USDD
TRON USDD Stablecoin Slips Further From Dollar Parity
The price of the TRON USDD algorithmic stablecoin has dropped to $0.97, losing even more of its dollar parity. This could potentially put unwanted stress on USDD-paired DeFi pools on Curve. At press t...
Tron’s Stablecoin USDD De-Pegs, Hits June Lows
The post Tron’s Stablecoin USDD De-Pegs, Hits June Lows appeared first on Coinpedia Fintech News On Monday, the algorithmic decentralized USD (USDD) stablecoin on the Tron network dropped...
Justin Sun’s USDD Stablecoin Depegs To $0.96, Tron (TRX) Dumped
Justin Sun’s algorithmic stablecoin USDD depegs again and falls to $0.96. Tron blockchain’s native algorithmic stablecoin failed to repeg against the US dollar following the collapse of crypto exchang...
Crypto Market Crash; Justin Sun TRON’s Stablecoin USDD Depegs Heavily
Crypto News Today Live Updates December and Latest News: (12 December 2022) The global digital asset market continues to fall due to increased uncertainty in the market. The cumulative market cap is d...
Tron Takes Advantage of FTX Fiasco
November 26, 2022, 1:12AM EST • 7 min read Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and brid...
Inside Tron’s Plan to Make USDD the Digital Economy’s ‘Foundational Currency’
Since its mainnet launch in 2018, smart contract blockchain Tron has rapidly expanded to become one of the leading projects in the crypto and Web3 space. With the lofty goal of “building the infrastru...
From USDD Stablecoin to Dominica: Tron’s Road Ahead
In the decade since he discovered crypto and stocks, Justin Sun has come a long way. The China-born tech entrepreneur is the founder of Tron, a smart contract network that has doubled its market share...
Justin Sun: Tron’s USDD Is Taking Stablecoins to ‘The Next Level’
For a stablecoin launched amid the fallout of the Terra UST collapse last spring, Tron’s USDD is faring remarkably well. The success of Tron’s over-collateralized, decentralized stablecoin has helped ...
USDT, USDD, FRAX, Who Else? Stablecoins Under Fire Amid Market Uncertainty
Vladislav Sopov Today, almost all major stablecoins de-pegged from their basic currencies, here’s why Contents USDT down, USDC, BUSD up: Unmatched volatility in stablecoin segment Decentralized ...
Tron [TRX]: USDD de-peg, FTX collapse, and everything that might affect you
Tron’s stablecoin USDD de-pegged following significant USDD conversions to USDT and USDC TRX has since recorded massive coin distribution leading to a further price decline amid the FTX debacle Amid t...
Justin Sun’s Algorithmic Stablecoin USDD Depegs
Tron founder Justin Sun looks to work on a “wholistic solution” to save FTX from the liquidity crunch. Meanwhile, on-chain data suggested algorithmic stablecoin USDD has started to depeg suddenly and ...
After Warning About FTX, Bitboy Says Do Not Buy Tron Stablecoin (USDD)
– Advertisement – Bitboy now has a helpful warning for market participants. Crypto Youtuber Ben Armstrong, popularly known as Bitboy has warned through a tweet that staying in Tron’s stabl...
Algorithmic Stablecoin USDD Depegs, Now Trading at $0.98
11 seconds ago | 2 mins read Altcoin News A whale executed a 4.49 million USDD to 4.46 million USDT exchange. The USD dropped to $0.975 on November 9 when another “whale” traded 6.65M USDD. Justin Sun...
TRON-Based USDD Stablecoin on Shaky Ground as It Depegs to $0.97
The fallout from this week’s crypto contagion continues to send shockwaves across the industry. The latest digital asset on thin ice is the TRON-based USDD stablecoin. Justin Sun’s stablecoin, USDD, h...
Tron Network USDD Stablecoin Wobbles from Dollar Peg Amid Latest Crypto Crisis
The USDD liquidity pool on the decentralized finance protocol Curve, where users can trade USDD for other stablecoins such as USDT, USDC and DAI, is heavily imbalanced, with USDD accounting for almost...
Messari Releases Q3 2022 State of TRON and State of USDD Reports – Sponsored Bitcoin News
sponsored Geneva, Switzerland / November 8, 2022 / – Messari, the leading provider of crypto market intelligence, released two quarterly analysis reports related to the TRON ecosystem – State of TRON ...
Messari Releases Research Reports on the TRON Ecosystem and the Stablecoin USDD
– Advertisement – Geneva, Switzerland, 7th November, 2022, Chainwire Messari, the leading provider of crypto market intelligence, released two quarterly analysis reports related to the TRO...
How far behind is USDD in the stablecoin race? Data suggests…
USDD, Tron’s decentralized, overcollateralized stablecoin had an impressive third quarter after witnessing a chaotic Q2. Some good news Messari, a leading crypto-analytics platform, recently tweeted s...
Huobi Global Launches a 2 Months Free Trading for USDD Pairs – crypto.news
Popular Chinese crypto exchange Huobi Global has commenced a 0% trading fee period for USDD pairs. The promo is to last for only two months. Free Trading on Huobi Global Huobi Global, one of the bigge...
USDD Announces Cash Prize Giveaway with Travala
Geneva, Switzerland, 7th October, 2022, Chainwire USDD has announced a $900 prize giveaway with Travala. There will be three lucky winners earning $300 each in travel credits. In case you didn’t know,...
TRON Founder Thinks USDD is Better Than Other Stablecoins
Establishing On-Chain Decentralization According to Justin Sun, the founder of TRON, the introduction of Tron’s new stablecoin, Decentralized USD or USDD, combines the finest features of rival s...
Justin Sun’s Concerns Regarding Tron Stablecoin USDD Skepticism
The fall of Terra (LUNA) network is such an instance that someone within crypto space could hardly forget. Depegging of Terra’s algorithmic stablecoin UST resulted in collapse of the entire ecosystem....
Is Tron’s New Stablecoin the Next UST? Crypto Billionaire Justin Sun Makes Case for USDD
Tron founder Justin Sun is making the case for why Decentralized USD (USDD) is different than Terra’s failed decentralized UST stablecoin. In an interview with CoinGecko, Sun says that USDD, Tron’s al...
Justin Sun claims algorithmic stablecoin USDD is safer, more secure than Terra’s UST
Justin Sun believes Tron-native stablecoin USDD is inherently safer and more secure than Terra’s UST. On May 9, UST lost its dollar peg setting off a collapse in its pegging asset, Terra LUNA. This tr...
Tron’s Justin Sun Hopes USDD to Become First Stablecoin in “EthereumPOW ecosystem”
H.E. Justin Sun, Founder of TRON and investor of Poloniex, a global cryptocurrency exchange, hopes that USDD the stablecoin, would become the first one in the “EthereumPOW ecosystem” after the complet...
Poloniex Exchange Initiates Zero-Fee USDD Trading
The reputable and authorized cryptocurrency exchange, Poloniex, serves both seasoned and novice traders. It provides a variety of crypto market presence, complex transaction kinds, and leverage tradin...
TRON DAO Reserve Addresses Questions Regarding USDD Stablecoin – crypto.news
Geneva, Switzerland / July 21 / – The TRON DAO Reserve (TDR) has officially answered some frequently asked questions from the community about USDD, the decentralized over-collateralized stablecoin on...
TRON DAO Reserve Addresses Questions Regarding USDD Stablecoin
The TRON DAO Reserve (TDR) has officially answered some frequently asked questions from the community about USDD, the decentralized over-collateralized stablecoin on TRON. The USDD stablecoin is curre...
USDD is not Stable, yet Justin Sun Ready to Save Others!
Justin Sun, the founder of Tron network, is ready to help struggling crypto ventures across the crypto space. During the crypto winter followed by the massive sell off and heavy market downturn, many...
Tron DAO Reports Over $2.2 Billion in Reserves, A Guarantee For USDD
– Advertisement – Over $2.2 billion in reserves, a guarantee for 723 million $USDD, have been disclosed by Tron DAO. By continuously adding diverse assets, #TRONDAOReserve is currently h...
Tron’s USDD Regains Stability After Tapping an All-Time Low at $0.92 – Altcoins Bitcoin News
Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has mana...