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 the general cryptocurrency market’s decline due to the collapse of FTX, Tron’s [TRX] algorithmic stablecoin Decentralized USD (USDD) fell from its $1 peg. Read Tron’s
![Tron [TRX]: USDD de-peg, FTX collapse, and everything that might affect you](https://images.cryptocompare.com/news/default/ambcrypto.png "Tron [TRX]: USDD de-peg, FTX collapse, and everything that might affect you")
