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USDD reserves decreased by 548 million USDC, and the actual collateral rate was only 50%

深潮 TechFlow · 2022-11-14T03:30:01.000Z

Deep Trend TechFlow news, according to data provided by Lookonchain, USDD has been unanchored since November 9, and the current trading price is $0.9812. The USDD reserve has dropped from 990 million USDC on November 10 to the current 442 million USDC (that is, a decrease of 548 million USDC), of which 350 million USCD was used by Justin Sun to repay the loan in Justlend. Currently, the actual mortgage ratio of USDD is only 50%, and USDD accounts for 81.25% of the USDD/3CRV pool on Curve. Original link

深潮 TechFlow

According to TechFlow, data provided by Lookonchain shows that USDD has been unpegged since November 9, and the current trading price is $0.9812. USDD's reserves have dropped from 990 million USDC on November 10 to 442 million USDC now (a reduction of 548 million USDC), of which 350 million USDC were used by Justin Sun to repay the loan in Justlend.
Currently, the actual collateral ratio of USDD is only 50%, and USDD accounts for 81.25% of the USDD/3CRV pool on Curve.

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