Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958 per unit.
The Tron DAO Reserve has deployed more tron tokens and USDC to defend the peg and the DAO’s reserve web page shows the coin is overcollaterized by 314% at the time of writing.
The stablecoin USDD, issued on the Tron blockchain, is an algorithmic stablecoin that also leverages overcollateralization to hold a $1 peg. However, USDD has not been able to keep the $1 parity over the last 24 hours, and the price has wobbled during the last 72 hours. On Monday, USDD showed signs of
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Tron's Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity – Bitcoin NewsThe Tron stablecoin USDD took a small dive on Monday, dropping to $0.977 per unit during the crypto market carnage.
Weiterlesen »
Ethereum price falls below $1.1K and data suggests the bottom is still a ways awayETH price has stalled around the $1,100 level, but several data points suggest the altcoin’s sell-off is far from complete.
Weiterlesen »
Cryptocurrency prices plunge as global market cap falls below $1 trillionCryptocurrency prices sank on Monday as Celsius halted withdrawals on its lending platform.
Weiterlesen »
Bonds set at $1 million each for 3 men accused in the slaying of Ethan LimingDeshawn Stafford, 20, Tyler Stafford, 19 & Donovon Jones, 21, are charge with murder in the death of Liming, 17, on the basketball courts outside of I Promise School in Akron on June 2. U.S. Marshals & Akron police arrested the 3 on the charges Saturday.
Weiterlesen »
4 California Men Arrested In Bucks County In $1 Million Drug BustA recent drug bust seized over $1 million worth of fentanyl pills and methamphetamine and put four California men behind bars in Bucks County.
Weiterlesen »
Community College of Philadelphia Pays Off Nearly $1.5M in Student DebtThe Community College of Philadelphia announced it is paying off nearly 1.5 million dollars in student debt. NBC10’s Brian Sheehan has the story.
Weiterlesen »