640. Is Tron USDD The Next Terra UST? | Tether & USDC Stablecoin Analysis

Jun 16, 2022 · 39m 34s

Description

Last month, algorithmic stablecoin UST lost its peg to the US dollar and collapsed along with the entire Terra (LUNA) ecosystem, wiping out $40 billion in crypto market capitalization. Prior...

Last month, algorithmic stablecoin UST lost its peg to the US dollar and collapsed along with the entire Terra (LUNA) ecosystem, wiping out $40 billion in crypto market capitalization. Prior to the UST meltdown, the Tron decentralized autonomous organization worked in conjunction with other blockchains to launch Decentralized USD, which bills itself as “over-collateralized decentralized stablecoin.” On Monday, USDD lost that peg, dropping to the $0.979 range. On this episode, we're taking a look at USDD & Tether vs. USDC.

#crypto #stablecoin #bitcoin
~Is Tron USDD The Next Terra UST? | Tether & USDC Stablecoin Analysis~
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Information

Author	Rever Networks
Organization	Rever Networks
Website	-
Tags	#ai-technology #artificial-intelligence #bitcoin-news #bitcoin-price #blockchain-technology #coming-soon #crypto-news #cryptocurrency #current-technology #dapps #decentralized-crypto #future-technology #paul-barron #price-prediction #tech-podcast #tech-talk #technology #tron-crypto #upcoming-technology #usdd