Stablecoin USDD again lost its peg to the dollar

Home / Stablecoin USDD again lost its peg to the dollar

The Tron-based algorithmic stablcoin USDD has once again lost its peg to the U.S. dollar.
According to CoinGecko, USDD sank to $0.974 this morning. As of this writing, the asset is trading at $0.98.
TronDAO claims that the stabelcoin’s collateral ratio is now at 300%.

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