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Real Estate-Backed Stablecoin USDR De-Pegs After Treasury Was Drained of Liquid Assets

On-chain data suggests that USDR's treasury was drained of liquid assets, leading to a run on the stablecoin.

Updated Oct 11, 2023, 4:46 p.m. Published Oct 11, 2023, 4:46 p.m.
Home For Sale Real Estate Sign in Front of New House. (Getty Images)
Home For Sale Real Estate Sign in Front of New House. (Getty Images)