Tron's USDD Stablecoin Experiences Fluctuations Again, Drops Below $1 Parity in Early 2023 – Bitcoin News

Österreich Nachrichten Nachrichten

Tron's USDD Stablecoin Experiences Fluctuations Again, Drops Below $1 Parity in Early 2023 – Bitcoin News
Österreich Neuesten Nachrichten,Österreich Schlagzeilen
  • 📰 BTCTN
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

At the time of writing on Tuesday afternoon, the Tron issued stablecoin USDD is trading at 98 cents per coin.

Tron’s USDD stablecoin 30-day view against the U.S. dollar on Jan. 10, 2023.

In mid-Dec. 2022, USDD deviated from the $1 parity, and Tron’s Justin Sun said that the team deployed more capital. USDD has seen fluctuations in value since Dec. 11, 2022, and it reached a low of $0.971 on Dec. 13, 2022, according to coingecko.com statistics. Last week, a similar instance occurred as the USDD price dipped to $0.972 per unit on Jan. 6, 2023. Charts show that USDD’s action four days later on Tuesday, Jan. 10, 2023, indicates that the stablecoin slid to a low of $0.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

BTCTN /  🏆 531. in US

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Airtm Winds Down Cryptocurrency Trading, Exchanges All Funds to Native Stablecoin – Exchanges Bitcoin NewsAirtm Winds Down Cryptocurrency Trading, Exchanges All Funds to Native Stablecoin – Exchanges Bitcoin NewsAirtm, which has more than 2 million customers in the region, disclosed in a message on its platform that they were retiring cryptocurrency-based services from its wallet.
Weiterlesen »

Cosmos-based e-Money discontinues euro-backed stablecoinCosmos-based e-Money discontinues euro-backed stablecoinE-Money is unwinding its euro-backed stablecoin EEUR because of current crypto market conditions, which are fairly dire.
Weiterlesen »

UK ‘Fully Behind’ Stablecoin for Wholesale Settlements, Says Treasury OfficialUK ‘Fully Behind’ Stablecoin for Wholesale Settlements, Says Treasury OfficialThe UK government is fully behind a stablecoin for wholesale payments and believes that is more likely to progress faster than a wholesale CBDC, griffitha told the CommonsTreasury. camomileshumba reports
Weiterlesen »

Cosmos EUR stablecoin project to unwind after 2 yearsCosmos EUR stablecoin project to unwind after 2 yearsCosmos-based e-Money became the latest stablecoin casualty in the ongoing crypto winter.
Weiterlesen »

A Binance Stablecoin Wasn't Always Fully Backed: BloombergA Binance Stablecoin Wasn't Always Fully Backed: BloombergThe company acknowledged to Bloomberg that the process of maintaining the peg 'has not always been flawless,' but said the problem has now been fixed.
Weiterlesen »

Binance’s Stablecoin Hasn’t Alway Been Fully Backed, Report SaysBinance’s Stablecoin Hasn’t Alway Been Fully Backed, Report SaysBinance has struggled to make sure that its stablecoin remains fully backed on several occasions, according to a new Bloomberg report
Weiterlesen »



Render Time: 2025-03-11 21:41:50