TRON Could Have a Terra Luna Collapse

19 ביוני 2022

Tron's stablecoin USDD has lost its peg and despite the 5bil of reserve cash used to prop it back up, it continues to fall further and further from $1. Tron mimicked the Terra Luna UST model and implemented their own stablecoin just days before the UST Luna collapse. If Tron is unable to re-establish the 1:1 peg, it's fate might be the same as Luna's. This is my favorite short.