Algorithmic stablecoin USDD is the latest to lose its Dollar peg, raising more red flags over the use of algo stablecoins. On Monday, USDD fell by 1.12% against Tether (USDT) to end the day at $0.9890 ...

Crypto billionaire Justin Sun's USDD stablecoin launches on Ethereum with 12% APY rewards targeting Tether's $169B dominance amid record $165B stablecoin supply. The above button links to Coinbase.

USDD was launched by Tron in late April as a rival to UST Tron claims that the USDD collateral ratio is around 188% As per calculations first done by a member of Proximity Labs, this ratio is not ...

TRX is in the red this morning, as investors respond to the USDD unpegging from the dollar. A repegging should deliver TRX support. Algorithmic stablecoin USDD is the latest to lose its Dollar peg, ...