According to its white paper, USDD will be pegged 1:1 with the US dollar and will maintain this peg in a similar way to Terra’s popular UST stablecoin, utilizing an arbitrage-driven mint-burn …
‘Revolution’ Promised by Tron’s Justin Sun Looks Like Clone of Terra’s Algorithmic Stablecoin
Tron, the blockchain founded by entrepreneur Justin Sun in 2017 to compete with Ethereum, will release its algorithmic stablecoin called decentralized USD (USDD) on Thursday. But reviews are already …
TRON (TRX) Crypto Takes Off Ahead of USDD Launch Tomorrow
Investing.com – In contrast to most crypto-currencies in recent days, and in particular with Bitcoin, which remains stuck under $40,000, the TRON (TRX) crypto is soaring by 10% since yesterday, and by …
5 Cheap Cryptocurrency to Buy for Short-Term Profits – May 2022 Week 1
TRX is the day’s best performer among top-100 coins. At $0.078166, it has risen by 10% in the past 24 hours, and by 2% in the past hour. It’s also up by 26% in the past week and by 7% in the …
Tron price prediction after the warm reception of USDD
It has formed a cup and handle pattern. The Tron (TRX/USD) price jumped to the highest level since April 2nd as investors cheered the launch of the USDD stablecoin. It rose to a high of $0.0750 …
Cryptocurrency TRON’s Price Increased More Than 8% Within 24 hours
TRON’s TRX/USD price has increased 8.86% over the past 24 hours to $0.07. Over the past week, TRX has experienced an uptick of over 16.0%, moving from $0.06 to its current price. As it stands right …
Tron (TRX) Crypto Steals Spotlight With USDD Launch and New Milestone
Stablecoins are only growing in popularity; introducing Tron’s own native stablecoin offering is an essential piece to grow the network. Of course, it will also help to boost the use of the TRX …
TRX price surges by 10% as Tron celebrates hitting 90M accounts
Tron (TRX) price has hit a daily high of $0.07339 today. At the time of writing, TRX was trading at $0.06789 In this article, we shall shed some light on why the price of TRON surged today before …
Why Is Tron Outperforming Bitcoin, Ethereum And Dogecoin Today?
Tron was seen trending among retail investors on Stocktwits. The coin was the number-two gainer over 24 hours among top 100 coins, according to price-tracking websites CoinMarketCap and CoinGecko. TRX …
TRON Daily Chart Forms Bullish Upwards-Sloped Parallel Channel
TRON (TRX) is one of the few coins whose price is up in the last 24 hours and last 7 days, according to CoinMarketCap. The price of TRX currently stands at $0.06719 after rising 5.72% in the last 24 …
Cryptocurrency TRON’s Price Increased More Than 5% Within 24 hours
TRON’s TRX/USD price has increased 5.63% over the past 24 hours to $0.07, which is in the opposite direction of its trend over the past week, where it has experienced a 1.0% loss, moving from $0.07 to …
Tron’s Stablecoin Launch Could Be a Significant Catalyst
Tron made a major announcement last week that a new stablecoin, USDD (which stands for U.S. Decentralized Dollar), will launch on the Tron network on May 5. The news drew significant investor interest …
FIREPIN Token (FRPN) Acquisitions Continue as Dogecoin (DOGE) and Tron (TRON) Lead Market Performance
While the original meme coin has been the star of the market today, at this time of writing, Tron (TRX) has also been performing well as the cryptocurrency has been recording steady growth. Lastly, …
Tron , Tezos & FIREPIN Token Have Potential To Outperform Market In Long Run
Let’s take a look at why these three digital assets are poised to provide outsized returns to long-term investors …
Which Banks Manage the USD Reserve Backing Your TrueUSD?
Stablecoins have maintained a strong growth momentum against the occasionally frustrating crypto market. Recently, the TUSD-TRX pool on the decentralized trading platform SunSwap has yielded up to 12% …
Justin Sun is set to release Tron stablecoin backed by cryptocurrencies
Justin Sun is following the steps of Terraform Labs in creating a stablecoin that will be backed by cryptocurrencies.
Tron (TRX) is targeting more gains after a superb bullish week
Tron (TRX) has edged higher this week, even as other major coins struggle to report serious gains. The coin is however not done yet, and we could see more gains in the days ahead. Keep reading for …
TRX Crypto Prices Rocket as Justin Sun Teases the Tron Network’s New Stablecoin
The TRX crypto is gaining today on news that the Tron network will be implementing its own native stablecoin, USDD.More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS It doesn’t …
Tron’s TRX Token Jumps 7% On News of Native Algorithmic Stablecoin
Following news that Tron plans to roll out a new algorithmic stablecoin, the network’s native token has jumped more than 7%.
Tron Launching Algorithmic USDD Stablecoin to Take on Terra
Justin Sun announced that the network will be launching a new decentralized algorithmic stablecoin called USDD.
Tron Crypto Outperforms Amid Plan for Decentralized Stablecoin
The Tron cryptocurrency outperformed on Friday, buoyed by a plan for a decentralized algorithmic stablecoin. Tron’s TRX gained 10% in the past 24 hours as of 9:40 a.m. in Hong Kong according to …