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coinpedia
2022-06-16 11:22:45

Justin Sun’s Revival Plan To Save USDD From De-Pegging!

Justin Sun’s Revival Plan To Save USDD From De-Pegging!

The post Justin Sun’s Revival Plan To Save USDD From De-Pegging! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideDespite recent efforts by the Tron DAO to overcollateralize the token, Tron’s algorithmic stablecoin USDD appears to be in crisis. During market turbulence, the theoretically stable USDD token lost its peg to the US dollar. The coin is now trading for $0.98, according to reports. TRX also dropped more than 25% from June 13 to …

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