The USDD stablecoin, championed by Tron’s founder Justin Sun and managed by Tron’s decentralized autonomous organization (DAO), fell to slightly below 97 U.S. cents early Monday, hitting the lowest since June 22, according to data source CoinGecko. The decline violated the DAO’s 3% price fluctuation threshold for price fluctuations to be considered de-pegs.
Source: https://www.coindesk.com/markets/2022/12/12/trons-usdd-stablecoin-hits-lowest-since-june/?utm_medium=referral&utm_source=rss&utm_campaign=headlines