Justin Sun’s stablecoins are melting
With no recent capital injections or incentives for short-sellers, solving problems with USDD and USDJ doesn’t seem to be a priority for Sun.
Bitcoin24h
$62,034.98+0.91%
Ethereum24h
$1,637.52+0.36%
BNB24h
$592.04+0.75%
XRP24h
$1.11-1.28%
Solana24h
$64.41-0.27%
TRON24h
$0.3208-0.29%
Hyperliquid24h
$54.19-4.78%
Dogecoin24h
$0.0840-0.02%
UNUS SED LEO24h
$9.49-0.39%
Zcash24h
$413.51-5.34%
Justin Sun’s stablecoin USDD quietly loses peg amid FTX chaos
Justin Sun’s stablecoin USDD has been unable to maintain a price of $1.00 ever since FTX and Alameda went bankrupt. What’s the deal?
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One laptop: How poor security ruined Humanity Protocol—by Protos Staff
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La Liga club Osasuna reportedly used Kalshi to hedge relegation risk—by Protos Staff
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Bounty-chasing Pump Fun users are tattooing crypto tickers on their faces—by Protos Staff
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Blackstone gates withdrawals as crypto and private credit slide—by Protos Staff
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STRC tumbles as DeFi copies lose their peg—by Protos Staff
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Jim Chanos was right about Strategy — just not patient enough—by Protos Staff
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Twenty One has four days to fix NYSE non-compliance—by Protos Staff
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Strategy’s BTC sale sends Polymarket into disarray—by Protos Staff
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Rough weekend for DeFi: Four hacks, three outages, one warning—by Protos Staff
