In the last 24 hours, there have been mass redemptions of the Polygon-based stablecoin USDR, leading to a depletion of the liquid DAI collateral held by…
USDR Stablecoin Depegs Due to Liquidity Issue The USDR stablecoin, which is backed by real estate and other cryptocurrencies, lost its peg on October 11th, dropping…
Real USD Stablecoin (USDR) Loses Peg to USD In a recent development, the Real USD (USDR) stablecoin has lost its peg to the U.S. dollar, causing…
USDT On-Chain Activity Surges, Says Santiment The crypto analytics firm Santiment reports a significant increase in on-chain activity for the stablecoin USDT. USDT, which is issued…
Real Estate-Backed Stablecoin USDR Loses Peg to USD Due to Redemptions The real estate-backed stablecoin USDR has lost its peg to the U.S. dollar after experiencing…
Another Stablecoin Loses its Peg, Plummets in Value A stablecoin called USDR, issued by Tangible, experienced a significant loss in value on Wednesday. The token, which…
Real USD Stablecoin Plummets 50% as it Depegs The Real USD stablecoin, also known as USDR, has experienced a significant drop in value, falling by 50%.…
Circle to Mint USD Coin (USDC) on Polygon Network Circle, the stablecoin issuer, has announced its plans to mint USD Coin (USDC) directly on the Polygon…
Alameda Research and Cumberland Acquire Significant Portion of Tether (USDT) In a recent report by Protos, it has been revealed that Alameda Research and Cumberland, two…
