December 12, 2022
Algorithmic Stablecoin USDD Depegs from Dollar Again as Justin Sun Scampers
The algorithmic stablecoin USDD created by Justin Sun has lost its peg to the dollar once more and has dropped below $0.96. Following the implosion of cryptocurrency exchange FTX, the native algorithmic stablecoin of the Tron blockchain was unable to regain its peg to the US dollar. As a result, Tr...
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