Real Estate-Backed Stablecoin USDR De-Pegs, Plunges to $0.53
In a recent development, the Real USD (USDR) stablecoin lost its peg to the U.S. dollar, causing its value to plummet to just $0.5. TangibleDAO, the entity responsible for USDR, points to a liquidity issue as the cause of the stablecoin’s rapid depreciation. TangibleDAO Cites Liquidity Issue in USDR’s Depegging On Oct. 11, the Real […]
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