Hey guys, remember the last time Tron made headlines when it took the third spot in terms of TVL due to its new algorithm stablecoin USDD. Well, it’s back again on the news but this time for all the wrong reasons. On Monday morning, the algorithm-based stablecoin was found to be in distress when investors started to point out that the new algorithm-based stablecoin had depegged from the US dollar and was sitting around just…
Hey folks, I am sure all of you have recently come across the news about the Terra Luna fiasco where the dollar-pegged algorithm stablecoin, UST had unpegged and failed. That was a horrific thing to experience, especially if you were an investor. However, if you look on the bright side, after the Terra Luna fiasco subsided, it cleared the spot for another project which is Tron and its new algorithm stablecoin, the USDD launched on…
Terra Luna has become the talk of the town after it suddenly collapsed when its algorithmic dollar-pegged stablecoin, UST depegged. The mishap was so massive that the entire crypto market slumped down along with it to some extent. Hence, it seems the South Korean Conservative party has requested a parliamentary hearing on the grave matter by inviting many vital members associated with the South Korean Crypto market, especially Terra Luna CEO, Do Kwong to get…
