NEAR Protocol To Wind Down Its Terra-Like Stablecoin
To avoid another LUNA debacle, the undercollateralized USN will be phased out.
After Terra’s collapse the Tron stablecoin trembles
USDD is at great risk and the market is very concerned given UST’s track record
Fears of another Terra-UST implosion simmer as Tron’s USDD stablecoin loses dollar peg
Tron’s algorithmic stablecoin, USDD, has raised fears and speculations in the crypto market after its price dipped to $0.97 and lost its peg to the dollar. The post Fears of…
Tron Modifies its USDD Stablecoin to Avoid Terra-Like Disaster
Tron, which launched its USDD algorithmic stablecoin last month is making major changes to its architecture to avoid the fate of the Terra blockchain and the fallout of its UST…
Tron’s USDD Stablecoin Would be Modified to avoid Terra-like Collapse Says Justin Sun
Following the $60 billion Terra ecosystem’s catastrophic downfall in early May, Tron has risen to become the third-largest blockchain in the decentralized finance industry (behind only Ethereum and BNB Chain). …
Tron Fixes Its USDD Stablecoin To Avoid Replicating Terra (LUNA) and TerraUSD’s (UST) Fate
Tron (CRYPTO: TRX) launched its USDD (CRYPTO: USDD) algorithmic stablecoin last month and now it is making major changes to its architecture to avoid the fate of Terra (CRYPTO: LUNA) and the algorithmic stablecoin that…
Terra fiasco triggers bigger backstop for TRON’s stablecoin
TRON now says it has overcollateralized USDD, which began life only one month ago as an algorithmic stablecoin. The post Terra fiasco triggers bigger backstop for TRON’s stablecoin appeared first…
USDD is fueling Tron’s DeFi TVL rise, draws comparison with Terra’s UST
Tron has become the third-largest network by total value locked (TVL) in DeFi protocols a month after launching its algorithmic stablecoin, USSD. The post USDD is fueling Tron’s DeFi TVL…
Finance Redefined: Uniswap breaches $1T volume, WEF 2022 discussion on Terra, and more
The past week in DeFi saw Uniswap breach $1 trillion trading volume, while WEF 2022 saw Terra at the center of most crypto and DeFi discussions.
LUNA Plummeted 99% and YFII Dumped 70% in One Day, Here’s the Right Way to Invest in Cryptocurrency
The past two weeks have seen an extreme bear market in the history of crypto. Terra (LUNA) has once ranked among the 10 most valuable cryptocurrencies in the market and…
