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Tron’s USDD Stablecoin Falls to Under 97 Cents, Lowest Level Since June

Altszn.com by Altszn.com
December 13, 2022
in Blockchain, Crypto, DeFi, Web3
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Tron’s USDD Stablecoin Falls to Under 97 Cents, Lowest Level Since June
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The USDD stablecoin, championed by Tron’s founder Justin Sun and managed by Tron’s decentralized autonomous organization (DAO), fell to slightly below 97 U.S. cents early Monday, hitting the lowest since June 22, according to data source CoinGecko. The decline violated the DAO’s 3% price fluctuation threshold for price fluctuations to be considered de-pegs.



Read More: www.coindesk.com

Tags: centsDeFifallsJuneLevelLoweststablecoinTronsUSDD
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