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USDD Continues to Trade for Under $1 — Tron DAO Reserve Insists Stablecoin Has Not Depegged

Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of around $0.943 to $0.966 per…

Continue ReadingUSDD Continues to Trade for Under $1 — Tron DAO Reserve Insists Stablecoin Has Not Depegged

Tron’s USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit

Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958 per unit. The Tron DAO…

Continue ReadingTron’s USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit

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 to $0.974 per unit, indicating a…

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