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

Posted on June 15, 2022
In collateral, Justin Sun, News, overcollateralized, Stablecoin, Terra blockchain, Tron (TRX), TRON DAO Reserve, TRX, TVL, usdc, USDC supply, USDD, USDD Stablecoin, USDT

Tron's USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958 per unit. 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% […]
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