Justin Sun announces launch of decentralized stablecoin USDD
According to announcement on Twitter, Justin Sun, the founder of Tron, has announced the launch of USDD, a decentralized algorithmic stablecoin that might help decentralize the most centralized zone in the blockchain world. The new decentralized stablecoin will be available on Tron on May 5th, according to the release. The Stablecoin’s Specifications Traditional stablecoins like […]
Justin Sun reportedly withdraws billions of dollars in cryptocurrency out of Aave’s lending pools
According to blockchain data, Tron creator Justin Sun has taken billions of dollars in crypto from the lending pools of DeFi lending platform Aave. As a result, the platform has lost a considerable amount of liquidity, resulting in much higher interest rates. Concerns regarding recent tweets between members of the Yearn community and those in […]