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
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