USDD News

Tron’s algorithmic stablecoin (USDD) has lost its peg amid crypto’s current tribulations due to the FTX collapse. The USDD is on shaky ground USDD, a stablecoin built on Tron’s decentralized autonomous organization (DAO), dropped to $0.967 early on Monday, reaching…

Combined reports from the foremost crypto information aggregator (Messari) and the Tron October report show that USDD Stablecoin Users Increased by 500% in Q3.

After Huobi Global announced that it would be delisting the stablecoin HUSD and auto-converting customer balances 1:1 with USDT, the stablecoin fell to as low as $0.74.

Huobi Global has commenced a 0% trading fee period for USDD pairs. The promo is to last for only two months.

USDD, the Tron-backed algorithmic stablecoin, is still struggling to regain its dollar peg, which it lost on Monday. Short Sellers Hit Tron Trouble started brewing in the Tron ecosystem on June 13 when the platform’s native token, Tron (TRX), lost…

The week began on a wrong footing for the crypto market as the market’s bleeding continued after a brief stop. Due to the extreme market situation, withdrawals for some tokens were halted, as reported by the Celsius Network. Stablecoins Plunges…

In a bid to bridge the gap between traditional and decentralized finance, the Global Currency Organization (GCO) on October 1, 2019, announced the launch of a new U.S. dollar-pegged stablecoin, USD Digital (USDD). Former Tech Veterans Launch a Stablecoin The…