2023-10-13 19:35 |
Real USD (USDR), a stablecoin backed partly by real estate and crypto, lost its 1:1 peg to the US dollar yesterday, causing its price to fall dramatically to $0.51 in a few hours.
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TangibleDAO will discontinue its real estate-backed USDR stablecoin stablecoin project after it depegged on Oct. 11. In an Oct. 12 post on X (formerly Twitter), the project said the stablecoin has too many attack vectors in its design, and measures designed to protect its users were easily manipulated.
2023-10-12 15:30 | |
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В среду, 11 октября, произошел крупный обвал курса стейблкоина Real USD (USDR), обеспеченного токенизированной недвижимостью. Цена актива упала с $1 до $0,5 за несколько часов. Real USD был запущен в сети Polygon в феврале 2023 года компанией TangibleDAO, которая занимается созданием и управлением цифровыми активами на основе реальной недвижимости.
2023-10-12 11:59 | |
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Real estate-backed stablecoin USDR fell to $0.53 per coin on Oct. 11, but the team said it was merely a liquidity issue and that real estate holdings and digital assets will be used to support redemptions.
2023-10-12 02:44 | |
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On-chain data suggests that USDR's treasury was drained of liquid assets, leading to a run on the stablecoin.
2023-10-12 19:46 | |
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Real USD (USDR) by Tangible has lost its correlation with U.S. dollar, currently trading below $0.6
2023-10-11 19:45 | |
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