Tag: usdd

May 24 2022

TRON DeFi Surges on Terra-Inspired Stablecoin Launch

May 24 2022 Published at Crypto Briefing under tags  analysis tron usdd

Less than a month after launching USDD, an algorithmic stablecoin that uses a similar mechanism to Terras collapsed UST, TRON has become the third-largest blockchain by total value locked in...

May 16 2022

Tron’s Justin Sun Commits $10m in USDD to Assist Smallholders Hardest Hit by UST’s Depegging

Quick summary: Tron's Justin Sun has offered to set aside $10 million in USDD to assist the average UST investor affected by the depegging of the stablecoin Mr. Sun was responding to a similar idea by Ethereum's Vitalik Buterin, calling for 'coordinated sympathy and relief for the average UST smallholder' Mr. Butern also cited the existing FDIC insurance and Singapore's employment laws as...

May 06 2022

Tron USDD stablecoin goes Live! Buy TRX before it MOONS +100%?

May 06 2022 Published at CryptoTicker under tags  altcoin crypto defi dex education

In the midst of the crypto crash, Tron managed to increase by more than 25% in prices. The reason for this increase is not only technical. Tron announced the launch of their algorithmic stablecoin called USDD. This announcement will not only make TRX soar in valuation soon, but increase its use case. Why should you consider buying TRX today? Is Tron USDD stablecoin...

TRON DAO Reserve Appoints Alameda Research as the First Member and Whitelisted Institution

Alameda Research, a leading principal trading firm, has been appointed by the TRON DAO Reserve as the first whitelisted institution to mint the newly launched decentralized stablecoin USDD.

May 05 2022

Tron Launches its USDD Stablecoin With Over $100 Million Already in Circulation

Quick take: Tron has successfully launched its USDD algorithmic stablecoin According to the issuing contract on Tronscan, USDD already has $103.64 million tokens in circulation on Tron USDD has also been issued on Ethereum, the Binance Smart Chain, and the BitTorrent Chain Tron has announced it intends to hold $10 billion in Bitcoin and other crypto, as reserves for its USDD stablecoin TRX...

TRON DAO Launches USDD Jointly with Blockchain Leaders

The newest stablecoin is USDD. Justin Sun, Founder of TRON, has announced it on May 5, and that it'll be launched through the TRON DAO Reserve.

TRON Promises “Financial Freedom” With Stablecoin Launch

May 05 2022 Published at Crypto Briefing under tags  analysis tron usdd

TRON founder Justin Sun recently said that USDD holders would be able to capture a risk-free interest rate of 30%. TRON Stablecoin Goes Live TRON says its ushering in the...

Tron Enters Crowded Stablecoin Market With USDD Launch

The Tron network is entering the already crowded stablecoin market this week with the launch of its own algorithmic offering. On April 21, Tron founder Justin Sun wrote an open letter to the Tron DAO (decentralized autonomous organization). In it, he laid his plans for USDD, a new stablecoin project to be launched on May 5. Furthermore, the new token represents an evolution...

May 01 2022

Tron Emerges as the Largest Network of USDT in Circulation

May 01 2022 Published at Altcoin Buzz under tags  defi eth tron usdd usdt

Tron might not boast an intimidating presence like Terra or Solana. But crypto users know best not to underestimate the platform. Launched in 2017, Tron is building a thriving ecosystem and has welcomed several innovations. The platform’s presence within the crypto space is steadily spreading and becoming notable. Tron is a delegated proof-of-stake blockchain with over 80 million user accounts. Tron has processed...

Apr 29 2022

TRON Defines the Spend for its $1,111,111,111 Ecosystem Fund

TRON has announced the allocation for the $1,111,111,111 ecosystem fund they revealed in November 2021. The fund was established to foster the growth and development of the TRON ecosystem over 10 years.

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