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Tag: usdd stablecoin

Multichain Cites ‘Force Majeure’ as Some Cross-Chain Bridges Are Suspended

Several entities have begun withdrawing liquidity from Multichain amid rumors that the protocol’s team has been arrested in China. ...

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Pace of Huobi Withdrawals Subsides as USDD Sees Renewed Slide

The pace of withdrawals from crypto exchange Huobi slowed on Sunday, according to data from Nansen, despite a recent slide in the price of...

Crypto Community Believes USDD is Unsafe As Huobi Battles Crisis

The crypto community thinks USDD is unsafe, given some unusual activities. Nansen data says Huobi users cashed over $60.9 million within 24 hours. The...

Curve Pool at Risk Following Tron’s USDD Losing $1 Peg

Tron’s USDD depegs from the dollar mark yet again. USDD accounts for 86% of USDD/CRV pool. Japan eyeing algorithmic stablecoin restriction. Stablecoins continue to...

El Salvador And Justin Sun Commit To Buying 1 BTC Everyday

.Nayib Bukele, El Salvador’s president, has always been a very strong supporter of Bitcoin (BTC) as a store of value for his country....

Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token

Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped...

Justin Sun’s Stablecoin Now Boasted Backing In BTC, TRON, Tether

Justin Sun’s stablecoin boasted backing in BTC, TRON, and Tether and changed its operating model to avoid a collapse like Terra’s UST so let’s...

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