Tuesday, June 25, 2024

Tron’s USDD Stablecoin Falls to Beneath $0.97, Lowest Stage Since June

by Jeremy

UST crashed in Might, destroying billions in investor wealth. Nonetheless, earlier than the crash, UST’s market capitalization was $18 billion – or 18 occasions larger than UST’s going market worth of lower than $1 billion. In different phrases, the fallout from a possible USDD collapse is likely to be much less extreme than UST.

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