Real Estate-Backed Stablecoin USDR De-Pegs After Treasury Was Drained of Liquid Assets
coindesk.com
Real Estate-Backed Stablecoin USDR De-Pegs After Treasury Was Drained of Liquid Assets
On-chain data suggests that USDR's treasury was drained of liquid assets, leading to a run on the stablecoin.
Oct 11, 2023
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