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The Coin Rise
2022-06-14 13:23:18

Trailing UST’s Path: Tron’s Algorithmic Stablecoin USDD Loses Peg to the Dollar

Trailing UST’s Path: Tron’s Algorithmic Stablecoin USDD Loses Peg to the Dollar

Tron’s algorithmic stablecoin, Decentralized USD (USDD) is currently crumbling under the weight of the bearish crypto market as it has lost its supposed $1 peg to the United States Dollar. At the time of writing, the USDD is changing hands at $0.9809, down 0.66% in the past 24 hours according to data from CoinMarketCap. Earlier […]The post Trailing UST’s Path: Tron’s Algorithmic Stablecoin USDD Loses Peg to the Dollar appeared first on Blockchain, Crypto and Stock News.

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