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CoinDesk

2022-12-12 08:40:44

Tron's USDD Stablecoin Falls to Under $0.97, Lowest Level Since June

Tron's USDD Stablecoin Falls to Under $0.97, Lowest Level Since June

The algorithmic decentralized stablecoin modeled after Terra's now-defunct UST lost its dollar peg last month as the collapse of FTX dented investor confidence in digital assets.

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