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USDR stablecoin depegs to $0.53, but team vows to provide solutions

Real estate-backed stablecoin USDR fell to $0.53 per coin on Oct. 11, but the team said it was merely a liquidity issue and that real estate holdings and digital assets will be used to support redemptions.

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USDR stablecoin depegs to $0.53, but team vows to provide solutions

Real estate-backed stablecoin USDR fell to $0.53 per coin on Oct. 11, but the team said it was merely a liquidity issue and that real estate holdings and digital assets will be used to support redemptions.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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