Browsing Tag
USDD
9 posts
Tron’s USDD depegs to $0.96, TRX drops 5%
Stablecoins went from being the most reliable assets in the crypto-verse to being volatile. Over the last couple…
Tether to support Ethereum’s ‘Merge’; Uncertain about PoW hardfork?
With ‘The Merge‘, the Ethereum network intends to explore the proof-of-stake [PoS] mechanism. However, leaving behind proof-of-work [PoW]…
Same but different; Tron’s USDD not like Terra’s UST?
The trauma caused by the downfall of the entire Terra ecosystem continues to linger across the crypto corridors.…
Justin Sun’s Tron withdraws 2.5B TRX while USDD loses peg
Another algorithmic stablecoin nightmare in the making? Tron Foundation’s Justin Sun has been increasingly confident about USDD. This…
Will South Korea oust Tron Foundation’s USDD after Terra?
Terra’s downfall has left the entire globe fearing algorithmic stablecoins. However, the confident Justin Sun decided to take…
Is Tron Foundation’s USDD as decentralized as it claims to be?
The collapse of Terra’s algorithmic stablecoin TerraUSD [UST] created nothing but chaos in the market. While this notion…
Tron takes a chance with algorithmic stablecoin by overcollaterization
The whole Terra fiasco scared the entire market of rolling out an algorithmic stablecoin. The damage caused by…
Tron [TRX] to endure the same fate as LUNA; Justin Sun thinks so
Justin Sun created quite a buzz following his decision to step down as the CEO of the Tron…
Stablecoin announcement magic? Tron [TXN] rises 8%, only alt from top 80 to do so
Tron’s founder—Justin Sun—announced on Thursday that Tron will have its native stablecoin called USDD from 5 May. The stablecoin…
