Solana Price Drops 5% After Paypal PYUSD Hit The $1Billion Mark: Will it Switch? - hit, mark, switch, solana, usdd, pyusd

Solana Price Drops 5% After Paypal PYUSD Hit The $1Billion Mark: Will it Switch?

Paypal PYUSD is now the fifth largest stablecoin after hitting the $1 Billion market cap. Being a stablecoin, it is backed by the US dollar and maintains its value around the $1 mark. And now, with the continuous growth in the market, it has beaten t

Pooja Khardia
Tron DAO loses Bitcoin backing, Justin Sun cites 300% collateralization as the reason - usdd, tron, dao, decentralized usd, bitcoin, btc

Tron DAO loses Bitcoin backing, Justin Sun cites 300% collateralization as the reason

The Tron DAO Reserve moved out 12,000 BTC worth around $730 million at press time. Tron founder Justin Sun noted the over-collateralization of Decentralized USD (USDD) as the reason for the withdrawal. The Reserve is in place to stabilize the Tron ne

Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’ - dao, bitcoin, usdd, defi, sun

Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’

USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi.

Tron’s USDD Stablecoin Removes 4000 Bitcoin Reserves, Justin Sun Explains Why - usdd, tron, stablecoin

Tron’s USDD Stablecoin Removes 4000 Bitcoin Reserves, Justin Sun Explains Why

The Tron DAO Reserve undertook a major decision about removing Bitcoins as part of the reserves for its USDD stablecoin while flowing the proceeds back into HTX coin. This move has got crypto industry observers on the edge of their seats with Tron’s

Bhushan Akolkar
Justin Sun Hints at Lowering Fees on TRON Blockchain Amid SunPump Craze - usdt, wbtc, usdc, one, meme, husd, usdd, tether, solana, tusd, circle, trx, sun, tron, imo

Justin Sun Hints at Lowering Fees on TRON Blockchain Amid SunPump Craze

Justin Sun is considering reducing fees on the TRON blockchain amid the ongoing SunPump craze, which involves meme coins built on the network. SunPump, a platform for token generation, is driving the latest market euphoria. It has propelled TRON meme

Lockridge Okoth
TRON Network’s Daily Stablecoin Transfers Surge To $13.93B - usdt, usdj, tusd, stablecoin, usdc, usdd, tron

TRON Network’s Daily Stablecoin Transfers Surge To $13.93B

The TRON Network has recently witnessed notable activity within its stablecoin ecosystem for the period spanning June 28 to July 4, 2024, as the average daily transfer volume of stablecoins surged to an impressive $13.93 billion across various stable

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