Cryptocurrency news by Protos

Justin Sun’s stablecoins are melting


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Both of Justin Sun’s stablecoins, one of which Protos has previously reported on, are struggling to maintain their promised $1.00 peg.


At the time of writing, USDD is hovering around $0.97, and USDJ is trading at $1.09. Curiously, this means that one of Sun’s stablecoins is melting down while the other is melting up.

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Cryptocurrency news by ProtosBy Protos