This is not the first time USDD has dropped below the $1 peg as the stablecoin dropped below $1 on Nov. 10, 2022, the day before FTX filed for bankruptcy protection on Nov. 11. On Nov. 10, USDD slipped to $0.976 per unit and it returned to the $0.99 range on Nov. 18, at around 1:00 p.m. .on June 19, 2022, when it dipped down to $0.928 per unit six months ago. By the first week of July, it had regained the $1 parity all the way up until Nov. 7, 2022, when it started to deviate again.
Interestingly, the Tron stablecoin tapped an all-time high just over a month ago, when it tapped $1.04 per unit on Nov. 9, 2022. At the time of writing, USDD has an overall market cap of around $711.31 million, and an estimated $79 million in 24-hour global trade volume., USDD’s market cap has grown by 6.6% from $667 million to today’s $711 million. Tron’s stablecoin is listed on a myriad of centralized and decentralized trading platforms with Huobi being the most active exchange on Dec. 12.
I really hope that this stable coin doesn't get depegged.
Well, I’m staying with Tether.
Looks like the only stable stablecoin is left is Tether
You know on TRON there's this great stablecoin called usdt, that's why you couldn't just use that. And usdt is still the most popular Stablecoin on that network
Let's not act surprised. Biggest top signal of 2022
dirty currency !
Please help me with this!!
ouch
Does everyone already know about this?
Why doesn't anyone talk about it
When did it start!
FACT Ok yeah, but I only use ChiefraFba for signals and analysis
When did it start!
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