Subscribe
Logo
Logo
  • Topics Icon Topics
    • AI Icon AI
    • Banking Icon Banking
    • Blockchain/DeFi Icon Blockchain/DeFi
    • Embedded Finance Icon Embedded Finance
    • Fraud/Identity Icon Fraud/Identity
    • Investing Icon Investing
    • Lending Icon Lending
    • Payments Icon Payments
    • Regulation Icon Regulation
    • Startups Icon Startups
  • Podcasts Icon Podcasts
  • Products Icon Products
    • Webinars Icon Webinars
    • White Papers Icon White Papers
  • TechWire Icon TechWire
  • Search
  • Subscribe
Reading
USDD explained: Why another stablecoin losing its peg isn’t ‘Terra 2.0’
ShareTweet
Home
Fintech
USDD explained: Why another stablecoin losing its peg isn’t ‘Terra 2.0’

USDD explained: Why another stablecoin losing its peg isn’t ‘Terra 2.0’

John K. White·
Fintech
·Jun. 22, 2022·1 min read

USDD, a so-called “algorithmic” stablecoin that’s meant to always be worth $1, plunged as low as 93 cents on Sunday.

Read the full article at: www.cnbc.com

  • John K. White
    John K. White

    John has been in communications since graduating from Creative Communications at Red River College Polytechnic in Winnipeg in 1992. He launched one of Canada's first digital-only local news sites called Winnipeg First in 2007, which led to digital editor postings with the Winnipeg Free Press and Edmonton Journal. In 2012 he joined Bankless Times as managing editor, later becoming president and CEO. He and the Bankless Media co-founders completed a sale and exit in August 2021.

    View all posts

Related

Funded: Reevo lands $80M seed to unify GTM chaos into one AI-native system

StableCoin chatter from SmartCon + Multiply CEO on Mortgage Tech

Multiply Mortgage CEO on AI’s move into housing finance

Renton’s Take on Loan Model Risks

Popular Posts

Today:

  • FNFrom Inspiration to Action: Stefan Weitz and the Rise of HumanX Nov. 12, 2025
  • FNFrom Chatbot to Checkout: AI’s Leap Into Commerce Nov. 5, 2025
  • Ketan AhujaOPINION | The CFPB performs an ancient social function Mar. 6, 2025
  • 197StableCoin chatter from SmartCon + Multiply CEO on Mortgage Tech Nov. 6, 2025
  • FNWhy Your Loan Portfolio Models Are Lying to You (And What to Do About It) Nov. 4, 2025
  • LA Tech WeekBehind the Curtain of LA Tech Week Oct. 22, 2025
  • Thomson NguyenSaga Ventures’ $125M Bet on Pandora’s Box Oct. 22, 2025
  • Dialogue AI FundedDialogue AI Nabs $6M Seed Led By Lightspeed to Build Better Research  Oct. 17, 2025
  • Eric GlymanHow Ramp’s CEO Eric Glyman is betting big on AI agents Jul. 15, 2025
  • WP UmbrellaTo Bank or Not to Bank: The ILC Question Jun. 5, 2025

This month:

  • FNFrom Chatbot to Checkout: AI’s Leap Into Commerce Nov. 5, 2025
  • Sadi KhanInside Aven’s Founder Chic: Sadi Khan on Equity, Credit, and Cognitive Load Oct. 2, 2025
  • Craig-Wiley-Quote-FNInside Synthetic Data’s Takeover Oct. 15, 2025
  • Thomson NguyenSaga Ventures’ $125M Bet on Pandora’s Box Oct. 22, 2025
  • Multiply CEO MichaelMultiply Mortgage CEO on AI’s move into housing finance Nov. 6, 2025
  • FNWhy Your Loan Portfolio Models Are Lying to You (And What to Do About It) Nov. 4, 2025
  • 197BREAKING: Money20/20: The Download Oct. 28, 2025
  • LA Tech WeekBehind the Curtain of LA Tech Week Oct. 22, 2025
  • HRWorktech founder roundupThe Future of Work: 5 Leaders Redefining HR and People Processes with AI Oct. 29, 2025
  • Fintech Nexus – Newsletter Creative – Bizcap 8fig acquisitionThe rise of the AI-backed lender: How Bizcap’s 8fig acquisition signals a new era in SME funding Oct. 23, 2025

  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2025 Fintech Nexus
  • Topics
    • AI
    • Banking
    • Blockchain/DeFi
    • Embedded Finance
    • Fraud/Identity
    • Investing
    • Lending
    • Payments
    • Regulation
    • Startups
  • Podcasts
  • Products
    • Webinars
    • White Papers
  • TechWire
  • Contact Us
Start typing to see results or hit ESC to close
lis digital banking USA Lending Club UK
See all results