USDD stablecoin falls to $0.97, DAO inserts $700M to defend the peg
Analytics platform Nansen showed that one of the funds that capitalized on the UST depeg has started to transfer large amounts of USDD.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Analytics platform Nansen showed that one of the funds that capitalized on the UST depeg has started to transfer large amounts of USDD.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
EU Securities Regulator Wants Crypto Platforms to Wind Down Non-MiCA Stablecoin Services
The European Securities and Markets Authority (ESMA) issued an opinion dated Oct. 8 saying licensed crypto platforms should stop s...
EU crypto platforms given 3 months to remove unauthorized stablecoins
The ESMA's directive may reshape EU crypto markets by limiting non-compliant stablecoins, potentially altering global regulatory t...
XRPL’s $1.34 billion stablecoin base doesn’t tell us how much XRP users need
Tracked stablecoins on the XRP Ledger totaled $1.338 billion on Oct. 7. For XRP holders, the critical question is how much activit...
XRP Ledger adds new controls for banks, stablecoins and tokenized funds
The feature lets businesses give separate accounts limited powers such as approving customers or making payments, while keeping th...
Money20/20 USA 2026: How Bitcoin, Stablecoins and AI Are Reshaping the Future of Finance
Bitcoin Magazine Money20/20 USA 2026: How Bitcoin, Stablecoins and AI Are Reshaping the Future of Finance Fintech has moved beyond...
French lawmakers back stablecoin swap tax in 2027 budget bill
France’s Finance Committee backed taxes on stablecoin swaps, as well as unrealized crypto gains when households with more than 800...