Tron DAO Reserve Purchases $38 Million in TRX to Safeguard the Stablecoin USDD
May 8, 2022 $211 million, Alameda Research, algorithmic, amber group, Concerns, DAI, Decentralized, FEI, justin sun, lfg, luna foundation guard, makerdao, Market Capitalization, News, OUSD, over-collateralization, Poloniex, questions, Stablecoin, stablecoin USDD, Stablecoins, TerraUSD, tron, Tron (TRX), TRON DAO Reserve, trx, USDD, USDD Stablecoin, USDN, UST 0 Comments
On May 5, Tron’s algorithmic stablecoin USDD went live and so far, the fiat-pegged token has been listed on a number of decentralized finance (defi) protocols. Two days later, the Tron DAO Reserve announced it purchased 504.6 million tron (TRX) to......