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Justin Sun's USDD Stablecoin Loses Bitcoin Backing, Pivots to TRX Only
Justin Sun's USDD Stablecoin Loses Bitcoin Backing, Pivots to TRX Only
Aug 23, 2024
TRON DAO Reserve's USDD stablecoin has lost its Bitcoin backing. The move was spotted on social media Tuesday. It's left USDD relying mainly on TRX, Tron's native token. A whopping 12,000 BTC vanished from USDD's collateral address. That's about $726 million gone. No official announcement came from

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