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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 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 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 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-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 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 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 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

Is USDD, Tron\'s stablecoin, repeating UST\'s mistakes? Recent news highlights that Tron\'s USDD depegged to $0.96, and TRX saw a price drop of 5%. This isn\'t the first time USDD has faced challenges. Back in June, the asset dropped as low as $0.9255. Now, amidst broader cryptocurrency sell-offs, USDD fell as low as $0.959 on Wednesday, with Bitcoin dropping below $21,000. Tron\'s native token, TRX, also faced intense selling pressure, marking a price dip from 27.7 cents to 27 cents in the last 24 hours.

USDD, launched in April 2025 by the Tron network, is pegged to the United States dollar as an “over-collateralized stablecoin." However, its stability is being questioned. Justin Sun deployed more capital to defend USDD from depegging, but it wasn\'t enough. On Monday, USDD dropped to $0.967, reaching its lowest level since June 22nd, and has now further declined. This latest dip follows a pattern. In November, during the FTX collapse, USDD slowly started to depeg.

The concern lies in USDD\'s algorithmic nature. USDD runs on Tron’s blockchain and is tied to TRX, using a similar algorithm to UST. The repeated depegging raises serious questions about its long-term viability. Stay updated on the latest developments surrounding USDD and TRX. This article provides insights into Tron’s stablecoin USDD de-pegging and its impact on the crypto market. Find out what\'s causing this volatility and what the future holds for USDD and TRX.

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