USDD

Tether: With UST gone and USDD struggling, is USDT next in line

Tether: With UST gone and USDD struggling, is USDT next in line

With UST mixed into the dust and USDD struggling to keep up; could Tether be the next in line for the stablecoin massacre? The crypto market volatility has ramped up pressure on stablecoins recently after Celsius froze account transactions. The coming days are showing trader pain with the market struggling badly under tightened monetary conditions. …

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Tron DAO Reserve buys $50M of Bitcoin and TRX to add to USDD reserves

Tron DAO Reserve buys $50M of Bitcoin and TRX to add to USDD reserves

advertisement Tron DAO Reserve, which manages algorithmic stablecoin USDD, said on Saturday that it had bought $50 million worth of Bitcoin (BTC) and Tron (TRX). The purchase was announced in a tweet saying it was meant to “safeguard the overall blockchain industry and crypto market.” Following the collapse of Terra’s algorithmic stablecoin in May, Tron …

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