archyworldys

USDD has been off the peg for a week now. The situation became tense.

© Reuters. USDD has been off the peg for a week now. The situation became tense.

After nearly a week of trading below the dollar, Tron’s stablecoin has yet to regain parity with the dollar. The newly launched USDD stablecoin has been trading below the dollar for almost a week. After falling below the greenback on June 13, the USDD hit an all-time low of $0.9255 on June 19 before recovering to a staggering low of $0.9255.

Read the news: USDD has been leaking peg for a week now. The situation began to be tense, continued at Siam Blockchain.

Trending