The Tron-based USDD Stablecoin temporarily lost its peg to the U.S. dollar and dropped to $0.97.
Earlier, Tron Foundation head Justin Sun said that the USDD would receive an overcollateralization of 130% in order not to repeat the path of TerraUSD (UST).
The USDD has now recovered and is trading at $0.99.
Holpop News
Holpop News
Stablecoin USDD temporarily lost its peg to the dollar
posted on June 13, 2022 by holpop in Blockchain
