Another #stablecoin drops below its $1 #peg and is now tra

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Another #stablecoin drops below its $1 #peg and is now trading at $0.54 The frequency of depeg events, or stablecoins losing their peg to the dollar, has been growing recently in the #cryptocurrency community. Real USD (USDR), a stablecoin built on polygons and backed by illiquid real estate assets, has lost its peg and is currently trading at $0.54 as of this writing. The #USDR no longer has a one-to-one relationship with the US dollar due to the loss of its peg. The coin was supported by a depreciated token, a token that had been gutted, and a treasury that was backed by a little insurance fund.

Another #stablecoin  drops below its $1 #peg  and is now trading at $0.54 
The frequency of depeg events, or stablecoins losing their peg to the dollar, has been growing recently in the #cryptocurrency  community.
Real USD (USDR), a stablecoin built on polygons and backed by illiquid real estate assets, has lost its peg and is currently trading at $0.54 as of this writing.
The #USDR  no longer has a one-to-one relationship with the US dollar due to the loss of its peg. The coin was supported by a depreciated token, a token that had been gutted, and a treasury that was backed by a little insurance fund.