Episode 138 - Poking around Tron’s USDD. Is it primed to collapse like UST?

Good morning!  Normally, I don't pay attention to what's going on with the Tron ecosystem and especially not the USDD decentralized stablecoin.  In fact, I had never even heard of it until a few days ago.  But with all the fear whipped up from the collapse of the Terra ecosystem, there are now rumors that Tron could do the same thing.  I saw the Tron TKN token jump to #13 in the market-cap rankings and it piqued my curiosity.  So here I am beating the Tron bush for some news and seeing what will fly out at me.

Sources:

https://decrypt.co/103338/trons-usdd-stablecoin-still-hasnt-recovered-its-dollar-peg

 

https://news.bitcoin.com/usdd-continues-to-trade-for-under-1-tron-dao-reserve-insists-stablecoin-has-not-depegged/

 

https://watcher.guru/news/same-but-different-trons-usdd-not-like-terras-ust

 

https://defillama.com/peggedassets/stablecoins