Real Estate-Backed US Dollar Stablecoin Built on Polygon Loses 47% of Its Value After Suffering Serious Depeg
October 12 2023 - 6:01PM
The Daily Hodl
A stablecoin built on layer-2 scaling solution Polygon (MATIC)
and backed by real estate assets has lost nearly half of its value
after depegging from the US dollar (USD). In a lengthy message on
the social media platform X, Tangible, the decentralized autonomous
organization (DAO) behind Real USD (USDR), says that the crypto
asset has […]
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Real Estate-Backed US Dollar Stablecoin Built on Polygon Loses 47%
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Continue reading Real Estate-Backed US Dollar
Stablecoin Built on Polygon Loses 47% of Its Value After Suffering
Serious Depeg
The post
Real Estate-Backed US Dollar Stablecoin Built on
Polygon Loses 47% of Its Value After Suffering Serious Depeg
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