Huobi Introduces Zero Trading Fees for Advisor Justin Sun's USDD Stablecoin
The Huobi exchange is running a promotional offer until December 31, in which there will be no trading fees for USDD pairs. USDD is the stablecoin of the TRON network, and founder Justin Sun is an advisor to the exchange.
Timeline of Usdd
One Ethereum Rival Tripled Its Share of Total Value Locked Across DeFi After Terra (LUNA) Implosion: New Study - The Daily Hodl
A new report from crypto ranking platform CoinGecko is shedding light on one Ethereum (ETH) rival that tripled its share of total value locked (TVL) in the decentralized finance (DeFi) sector after the collapse of the Terra (LUNA) ecosystem.
Tron's USDD Regains Stability After Tapping an All-Time Low at $0.92 - Bitcoin
Between June 13 and June 27, or roughly two weeks, Tron's stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3.
Breaking: Justin Sun To Dump On USDD Investors, YouTuber Alleges - Coingape
As USDD continues to perform below the $1 peg, there is talk of whether or not any risk is involved for the investors. After losing the dollar peg on June 13, the stablecoin has since then fallen to a low of $0.93 before regaining the $0.98 level.
One Week Later, TRON's Terra Ripoff Is Still Worth Less Than a Dollar - Crypto Briefing
In a move reminiscent of Terra's UST collapse last month, TRON's USDD lost its peg to the dollar on Jun. 13. One week later, it's still trading below its price target—and that's after a $2 billion cash injection from the TRON DAO Reserve.
USDD Crash To New Lows, Justin Sun's Revival Plans Continue To Fail - CoinPedia
Last week, the Tron ecosystem suffered a huge setback when the USDD stablecoin lost its $1 peg. This caused traders to be concerned, as USDD was released last month as a competitor to Terra's UST, an algorithmic stablecoin. Another de-pegging of a similar asset resulted in TRX's price dropping for a short time. Following the …
As USDD Depeg Deepens, What Is Justin Sun's Plan? - Coingape
The Tron ecosystem had a major blow last week when the USDD stablecoin lost its $1 peg. This led to concerns among traders as USDD was launched last month as a rival to Terra's UST, an algorithmic stablecoin.
Tether: With UST gone and USDD struggling, is USDT next in line - AMBCrypto
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.
Justin Sun's Revival Plan To Save USDD From De-Pegging! - CoinPedia
Despite recent efforts by the Tron DAO to overcollateralize the token, Tron's algorithmic stablecoin USDD appears to be in crisis. During market turbulence, the theoretically stable USDD token lost its peg to the US dollar. The coin is now trading for $0.98, according to reports. TRX also dropped more than 25% from June 13 to …
What's the Fate of Stablecoins in this Bear Market, USDD & USDN Portrayed as UST 2.0 & Tether's Depleting Market Cap Raises Concerns! - CoinPedia
It is a known fact that the crypto space is now in the middle of a notable bear market which is yet to find its bottom. The star crypto, Bitcoin, currently appears struggling to restore the last line of defence above $20,000. In such a case, the crypto market tumbles down heavily and at the …
USDD Stablecoin Slips From Dollar Peg In Market Downturn - DCForecasts
The USDD stablecoin slips from the dollar peg during the recent market downturn and hit $0.9764 as we can see more today in our latest Tron news. Amid the Monday crypto crash, Tron's algorithmic USDD stablecoin lost its dollar peg and slipped to a low of $0.9764 as per the data from CoinMarketCap.
