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usdd
RETRACTION: Opinion Article on Justin Sun
An pseudonymously written opinion piece containing a personal attack against Tron CEO Justin Sun never should have been published.
TRON Founder Justin Sun on USDD Outlook
TRON founder and Huobi Global Advisor Justin Sun shares an update on USDD, Tron network's algorithmic decentralized stablecoin.
TRON Founder Justin Sun on Crypto Contagion Concerns
Crypto contagion fears are lingering, with bitcoin miner Core Scientific being the latest company to file for bankruptcy in the wake of FTX's implosion. TRON Founder, Huobi Global Advisor, and Ambassador of Grenada to the WTO Justin Sun discusses the latest chill in crypto winter, along with why he deposited $100 million in USDC into Binance. Plus, the latest on TRON network's algorithmic decentralized stablecoin USDD.
Tron's USDD Stablecoin Falls to Under 97 Cents, Lowest Level Since June
The algorithmic decentralized stablecoin modeled after Terra's now-defunct UST lost its dollar peg last month as the collapse of FTX dented investor confidence in digital assets.
Tron Network USDD Stablecoin Wobbles From Dollar Peg Amid Latest Crypto Crisis
Justin Sun speculated in a tweet that struggling trading firm Alameda might have started the deviation by selling its USDD holdings.
Justin Sun on Huobi Being Acquired by About Capital
Tron Founder Justin Sun discusses the significance of Hong Kong-based About Capital acquiring crypto exchange Huobi Global. Plus, insights into decentralized stablecoin USDD, "advantages" of central bank digital currencies (CBDCs), how Binance competes against its rivals and his "highly optimistic" outlook for China's crypto scene.
Tron Founder Justin Sun on Ethereum Merge, USDD Stablecoin Outlook
Tron Founder Justin Sun discusses his support for Ethereum's proof-of-work (PoW) hard fork as the blockchain is expected to transition to a proof-of-stake consensus mechanism, an event known as The Merge. Plus, how Tron-based algorithmic stablecoin USDD will become the "first stablecoin in the EthereumPOW ecosystem" and thoughts on crypto winter.
Tron's TRX Jumps as DAO Deploys $220M for Token Purchase
Tron’s TRX token rose as much as 27% in the past 24 hours as its ecosystem stablecoin decentralized USD (USDD) inched closer to its intended $1 peg. “The Hash” group discusses founder Justin Sun injecting over $2 billion this week to support the Tron market.
Huobi Exec on Crypto Markets, NFTs and Mining in China
Huobi Financial Officer Lily Zhang discusses her take on how Terra’s UST and LUNA crashes might affect upside potential in the crypto markets. Plus, insights into China’s “very hot” NFT market, the state of crypto mining in the country, and potential risks of listing Tron’s algorithmic stablecoin USDD on Huobi.
Tron Founder Justin Sun on Stablecoins in Wake of Terra Collapse
Tron founder Justin Sun discusses his take on the Terra ecosystem in the wake of UST’s meltdown, the risks and benefits of algorithmic stablecoins, the impact of Tether’s USDT on the crypto markets and Tron’s stablecoin USDD. Plus, responding to financial crime allegations made by The Verge.