Tron’s stablecoin USDD loses dollar peg on suspected selloff by Alameda Research
In April 2022, the Tron network launched USDD, a token pegged to the U.S. dollar, as an "over-collateralized stablecoin," meaning its...
Peg
Binance retracts purchase offer for FTX; Bitcoin slumps to $15K levels as stablecoins test dollar peg
The biggest news in the cryptoverse for Nov. 9 includes Binance’s decision to not move forward with the potential acquisition...
Waves-backed stablecoin USDN breaks peg again amid protocol upgrade
As the crypto community tries to navigate the bear market and recover from the onslaught brought about by stablecoin incidents...
USDN loses peg again as Neutrino upgrade to “stabilize protocol” goes live
Neutrino $USDN lost its peg for the first time since June 16 as it was updated to implement upgrades to...
Behind Waves USDN depeg and how Sasha Ivanov worked to restore the peg by taking on $500M in debt
CryptoSlate’s Akiba spoke with Waves founder Sasha Ivanov to talk about USDN, Waves, Terra contagion, and algorithmic stablecoins in general....
Solana DeFi Protocol Suffers Flash Exploit – Nirvana (NIRV) Stablecoin Loses Dollar Peg
Nirvana Finance is a DeFi protocol that allows users to earn up to 100% annual yield on locked assets via...
Sun Says He May Spend $5B To Save Crypto Even as USDD Fights To Hold Peg
Justin Sun says he can step in to support struggling crypto firms as the liquidity crunch continues In mid-June, just...
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Crypto volatility knocks more stablecoins off their peg
Smartphone with Tether logo is placed on displayed U.S. dollars in this illustration taken, May 12, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister...
A few large trades likely broke UST’s peg: Chainalysis
Analysis by the blockchain data platform found the collapse of TerraUSD (UST) took place in three stages — a few large trades...
Stablecoin USDD Loses $1 Peg, Tron Reserve Withdraws 989M TRX
TRON DAO Reserve, a decentralized financial reserve for cryptocurrency, has withdrawn 989 million worth of TRX. USDD has lost its...