USDD (USDD) is a cryptocurrency launched in 2022and operates on the Ethereum platform. USDD has a current supply of 732,546,010.1728404. The last known price of USDD is 0.99927981 USD and is up 0.01 over the last 24 hours. It is currently trading on 172 active market(s) with $3,254,035.17 traded over the last 24 hours. More information can be found at https://usdd.io/.
Justin Sun defends his withdrawal of BTC backing USDD. Is it enough to calm users?
Source name: ambcrypto.com
26 days, 20 hours, 1 minutes ago
The removal of 12,000 BTC—worth approximately $726 million—from its collateral address has left USDD primarily reliant on TRX. TRX is the native token of the Tron blockchain.
Source name: altcoinbuzz.io
27 days, 5 hours ago
Amid the memecoin frenzy on the Tron network, Justin Sun is facing backlash for the controversial removal of over $700 million in Bitcoin (BTC) as USDD's collateral without the Tron DAO Reserve's vote. Sun has now addressed the situation after the move raised concerns about the stablecoin's decentralization.
Source name: bitcoinist.com
27 days, 6 hours ago
Tron founder Justin Sun has downplayed concerns following the removal of 12,000 Bitcoin, worth over $729 million, from the reserves backing Decentralized USD (USDD), a stablecoin governed by the Tron
Source name: livebitcoinnews.com
27 days, 7 hours, 55 minutes ago
Data from Arkham Intelligence revealed that the Tron DAO Reserve, responsible for maintaining the stability of USDD, has been systematically reducing its Bitcoin reserves over the past year, culminating in a 42% reduction. Despite this, the reserve still holds 8,000 Bitcoins.
Source name: cryptomufasa.com
27 days, 10 hours, 11 minutes ago
The most recent news concerning Justin Sun's USDD stablecoin has the cryptocurrency community somewhat worried as liquidity on the Tron's stablecoin might get much thinner. Approximately 12,000 BTC that were held in reserve for USDD were recently moved to HTX, formerly known as Huobi.
Source name: u.today
27 days, 10 hours, 14 minutes ago
The Tron DAO Reserve undertook a major decision about removing Bitcoins as part of the reserves for its USDD stablecoin while flowing the proceeds back into HTX coin. This move has got crypto industry observers on the edge of their seats with Tron's stablecoin Dollar peg seeing some volatility down by 0.17% to $0.9989 as
Source name: coingape.com
27 days, 14 hours, 45 minutes ago
The Tron DAO Reserve moved out 12,000 BTC worth around $730 million at press time. Tron founder Justin Sun noted the over-collateralization of Decentralized USD (USDD) as the reason for the withdrawal.
Source name: cryptopolitan.com
27 days, 14 hours, 49 minutes ago
The TRON DAO Reserve has removed 12,000 Bitcoin, worth about $728 million, from backing Justin Sun USDD stablecoin.
Source name: coincu.com
27 days, 15 hours, 33 minutes ago
USDD's Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it's a normal event in DeFi.
Source name: cointelegraph.com
27 days, 16 hours, 20 minutes ago
The move leaves USDD reliant on Tron's native token, TRX, which has surged with a recent meme coin push.
Source name: decrypt.co
27 days, 18 hours, 19 minutes ago
Tron founder Justin Sun reassured users after the Tron DAO Reserve removed nearly $750 million worth of bitcoin backing the USDD stablecoin.
Source name: theblock.co
27 days, 22 hours, 50 minutes ago
It has just achieved a new milestone, becoming the sixth-largest dollar-pegged token. Now PYUSD is officially ahead of USDD, Tron's stablecoin.
Source name: thenewscrypto.com
1 months, 23 hours, 59 minutes ago
Paypal's stablecoin PYUSD outperformed Tron's stablecoin USDD by market cap to become the sixth largest stablecoin in the crypto ecosystem. PYUSD's market valuation grew by $140.9 million in ten days from $651 million on August 6th to $791.9 million on August 16th.
Source name: cryptopolitan.com
1 months, 5 hours, 49 minutes ago
According to statistics, Paypal's PYUSD stablecoin has surpassed Tron's stablecoin USDD becoming the sixth largest dollar-pegged token by market capitalization. Over the past ten days, PYUSD's supply has swelled by $140.9 million.
Source name: news.bitcoin.com
1 months, 29 minutes ago
NOWPayments is excited to have integrated USDD stablecoin on both Tron Blockchain (TRC-20) and Binance Smart Chain (BSC). Continue reading the post One USDD, Two Chains, Endless Opportunities — Available for Payments Now in the NOWPayments blog...
Source name: nowpayments
1 years, 5 hours, 50 minutes ago
[PRESS RELEASE – Geneva, Switzerland, June 7th, 2023] Just over two weeks ago, on May 15, 2023, the TRON DAO team revealed the results of the HackaTRON Season Four competition. A portion of the prize pool, 500,000 USDD, was shared among the top projects. The final milestone payment is currently being processed for judge-selected qualifiers, […]...
Source name: cryptopotato
1 years, 11 hours, 33 minutes ago
The Justin Sun-founded cryptocurrency Tron (TRX) has advanced in the market, displaying an impressive gain of about 6.5% over the previous day. TRX has been struggling amid rumors of Justin Sun’s possible arrest and the demise of Tron’s USDD stablecoin. This bullish trend is, at least, a breath of fresh air for TRX and its ... Read more...
Source name: crypto-economy
1 years, 6 hours, 10 minutes ago
The TRON DAO team on May 15 revealed the results for the HackaTRON Season 4. The top project will share 500,000 USDD, a TRON-based stablecoin. TRON’s price has risen by 10.64% over the last seven days. The price of TRON (TRX) has been rising since May 15 after the TRON DAO team, the community representatives […] The post TRON price rally gains impetus as top HackaTRON Season 4 projects share 500K USDD appeared first on CoinJournal...
Source name: coinjournal
1 years, 9 hours, 10 minutes ago
Geneva, Switzerland, May 12th, 2023, Chainwire Messari, a leader in crypto market research and intelligence, recently released reports on both the USDD stablecoin as well as the TRON blockchain ecosystem. “The TRON DAO team appreciates Messari’s work overall, and like normal, its objective research in these latest TRON-related reports offers data-driven, insightful remarks,” a TRON [...] Der Beitrag Brief Analysis of Messari’s Q1 2023 State of TRON and USDD Reports erschien zuerst auf Crypto New...
Source name: crypto-news-flash
1 years, 9 hours, 13 minutes ago