UST crashed in May, destroying billions in investor wealth. However, before the crash, UST’s market capitalization was $18 billion – or 18 times bigger than UST’s going market value of less than $1 billion. In other words, the fallout from a potential USDD collapse might be less severe than UST.
- Tron's USDD Stablecoin Falls to Under $0.97, Lowest Level Since June
Written by Bankerage Published on December 12, 2022