Justin Sun's Tron-based stablecoin USDD spark concerns after $732 million Bitcoin withdrawal from reserve

TRON News

Justin Sun's Tron-based stablecoin USDD spark concerns after $732 million Bitcoin withdrawal from reserve
Cryptocurrencies
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The crypto community showed concerns about the USDD stablecoin on Thursday after the Tron DAO withdrew $732 million worth of Bitcoin from its reserve.

TRON DAO pulled 12,000 Bitcoin worth $732 million from the

TRON's DAO, which oversees the stablecoin was launched in 2022 as one of the major alternatives to Terra's UST stablecoin before its crash.

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