12-13-2022, 06:36 AM
USDD has (un)Officially Depegged
<!-- SC_OFF --><div class="md"><p>USDD the stablecoin by Tron Dao reserve has just recently fallen below the 3% threshold that most have used as the defacto standard for that coin to be considered "depegged" (despite never truly repegging from an initial depegging on October 18th) </p> <p><a href="https://coinmarketcap.com/currencies/usdd/">https://coinmarketcap.com/currencies/usdd/</a> </p> <p>Per coinmarketcap - </p> <p>USDD is a cryptocurrency issued by the TRON DAO Reserve with a stable price and diverse use cases. It will have a built-in incentive mechanism and a responsive monetary policy, which will allow USDD to self-stabilize against any price fluctuations, and help consolidate the value of USDD as a true settlement currency. Also, a decentralized currency protocol with a stable price will expand use cases for cryptocurrency, making it truly accessible with far-reaching implications for the blockchain space and the real economy.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/pachinkopunk"> /u/pachinkopunk </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zjqtl5/usdd_has_unofficially_depegged/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zjqtl5/usdd_has_unofficially_depegged/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>USDD the stablecoin by Tron Dao reserve has just recently fallen below the 3% threshold that most have used as the defacto standard for that coin to be considered "depegged" (despite never truly repegging from an initial depegging on October 18th) </p> <p><a href="https://coinmarketcap.com/currencies/usdd/">https://coinmarketcap.com/currencies/usdd/</a> </p> <p>Per coinmarketcap - </p> <p>USDD is a cryptocurrency issued by the TRON DAO Reserve with a stable price and diverse use cases. It will have a built-in incentive mechanism and a responsive monetary policy, which will allow USDD to self-stabilize against any price fluctuations, and help consolidate the value of USDD as a true settlement currency. Also, a decentralized currency protocol with a stable price will expand use cases for cryptocurrency, making it truly accessible with far-reaching implications for the blockchain space and the real economy.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/pachinkopunk"> /u/pachinkopunk </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zjqtl5/usdd_has_unofficially_depegged/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zjqtl5/usdd_has_unofficially_depegged/">[comments]</a></span>