Content
@
0 reply
20 recasts
20 reactions
Bymbank
@luna2589
The Block reports that Justin Sun's stablecoin USDD is no longer backed by Bitcoin. Tron founder Justin Sun reassures that there is nothing to worry about after the Tron DAO Reserve withdrew nearly $750 million in bitcoin (~12K BTC). USDD was launched in 2022 to compete with Terra's now-defunct UST token, and is currently primarily backed by the TRX token
0 reply
0 recast
0 reaction
