Is another stablecoin depeg coming?
Summary
Tron's algorithmic stablecoin USDD slipped to $0.967, drawing comparisons to Terra's UST collapse; the piece examines the reserve's rescue attempts and the risk of a deeper depeg.
- Published
- Collected
--- id: 5430 title: "Is another stablecoin depeg coming?" source_domain: hackenproof.com source_url: "https://hackenproof.com/blog/is-another-stablecoin-depeg-coming" published_at: "2023-06-22T16:45:28Z" tags: ["defi", "stablecoin", "usdd", "tron", "depeg", "crypto-markets"] phying_url: "https://phying.com/item/5430" lang: en --- # Is another stablecoin depeg coming? ## Summary Tron's algorithmic stablecoin USDD slipped to $0.967, drawing comparisons to Terra's UST collapse; the piece examines the reserve's rescue attempts and the risk of a deeper depeg. ## Intelligence Metadata - **Sources:** hackenproof.com - **Published:** 2023-06-22T16:45:28Z - **Original:** https://hackenproof.com/blog/is-another-stablecoin-depeg-coming - **Phying News:** https://phying.com/item/5430