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

The Tron DAO Reserve has deployed more tron tokens and USDC to defend the peg and the DAO’s reserve web page shows the coin is overcollaterized by 314% at the time of writing.

The stablecoin USDD, issued on the Tron blockchain, is an algorithmic stablecoin that also leverages overcollateralization to hold a $1 peg. However, USDD has not been able to keep the $1 parity over the last 24 hours, and the price has wobbled during the last 72 hours. On Monday, USDD showed signs of

Poloniex (Justin's exchange) suspended withdrawals as of now.... price hit 0.942....

Seems like it's going to be another LuNa. The founders of shitcoins are more interested in bitcoin and use their shitcoin holdings to buy btc.

usdd trx ust Terra btc Cryptocrash Depeg justinsuntron trondao TronixTrx Correction: It is almost 3 days now that Trons USDD has lost its peg. Rekt!

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