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)
https://coinmarketcap.com/currencies/usdd/
Per coinmarketcap -
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.
Submitted December 12, 2022 at 01:08AM by pachinkopunk https://ift.tt/IxJ4AeC https://ift.tt/kFmqtRn
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