RESPECT FOR THE

Last updated: June 17, 2025, 01:17  |  Written by: Naval Ravikant

Respect For The
Respect For The

Justin Sun

Tron’s USDD Stablecoin Depegs to $0.96 Amid Crypto Rout

TRON’s USDD Stablecoin Losing Peg as TRX Price Slumps

Justin Sun’s algorithmic stablecoin USDD depegs again and falls to $0.96. Tron blockchain’s native algorithmic stablecoin failed to repeg against the US dollar following

In November

Hace 1 día Tron's native token, TRX, faced intense selling pressure in the past 24 hours, marking a price from 27.7 cents to 27 cents. The high-volume decline happened alongside

In November, in the midst of the FTX collapse, the asset had slowly started to depeg. The lowest the asset has dropped to was $0.9255 back on June 19. However

Breaking: Justin Sun's USDD Stablecoin Depegs To $0.96, Tron

In April

TRON Stablecoin USDD Depegs From Dollar Despite Sun's Capital

Tron’s stablecoin USDD loses dollar peg on suspected selloff by

In April 2025, the Tron network launched USDD, a token pegged to the United States dollar as an “over-collateralized stablecoin,” meaning its likelihood of slipping

Tron's USDD loses its peg, trades at $0.98 - crypto.news

Tron’s stablecoin USDD loses dollar peg on suspected

Tron's USDD depegs to $0.96, TRX drops 5% - Watcher Guru

Coinpedia

coinpedia.org: The post Tron’s Stablecoin USDD De-Pegs, Hits June Lows appeared first on Coinpedia Fintech News On Monday, the algorithmic decentralized USD (USDD) stablecoin

USDD, a stablecoin built on Tron’s decentralized autonomous organization ( DAO ), dropped to $0.967 early on Monday, reaching its lowest level since June 22. The fall

Tron’s USDD stablecoin fell as low as $0.959 on Wednesday amid a broader cryptocurrency sell-off that has seen bitcoin drop below $21,000. The algorithmic stablecoin

Justin Sun

Tron’s Stablecoin USDD De-Pegs, Hits June LowsBlockchair News

Tron's TRX Faces Rising Risk of Bearish Momentum After High

Justin Sun-led TRON deployed more capital to defend the algorithmic stablecoin USDD from depegging against the dollar but his best effort did not fare well as the

The Case In Point Is

The case in point is USDD which runs on TRON’s blockchain and is using a similar algorithm to UST, but it’s tied to TRX. At the time of this writing, the cryptocurrency is

Naval Ravikant can be reached at [email protected].

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