coinpedia
2022-06-20 09:39:42

USDD Crash To New Lows, Justin Sun’s Revival Plans Continue To Fail

The post USDD Crash To New Lows, Justin Sun’s Revival Plans Continue To Fail appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideLast week, the Tron ecosystem suffered a huge setback when the USDD stablecoin lost its $1 peg. This caused traders to be concerned, as USDD was released last month as a competitor to Terra’s UST, an algorithmic stablecoin. Another de-pegging of a similar asset resulted in TRX’s price dropping for a short time. Following the …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.