Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token

Despite Overcollateralized Reserve, Tron's USDD Stablecoin Slips to $0.974 per TokenFollowing the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped to $0.974 per unit, indicating a small amount of instability continues to plague the fiat-pegged token. The dip to $0.97 follows Monday’s deviation from the parity and comes after the Tron […]

Report: South Korean Crypto Exchanges to Create Body to Preempt Another Terra LUNA Type of Collapse

Five South Korean cryptocurrency exchanges said they intend to create a consultative organization which will help prevent a repeat of a Terra LUNA-style token collapse. The organization is expected to achieve its objectives by applying standards that are endorsed by the crypto exchanges. Screening Guidelines Five of South Korea’s leading domestic cryptocurrency exchanges have said […]