Treasury Exploded, This Stablecoin Goes Off Track

The value of Polygon-based Real USD (USDR) dropped to almost 0.5.

According to the statement made by Tangible DAO after the DAI in the treasury is emptied Value of USDR decreased to $0.51.

According to the data shared by Tangible DAO, there is currently no DAI in the treasury. The value of the liquid funds is around 6.2 million dollars.

USDR treasury is also Token named TNGBL It is supported by . However, according to CoinGecko data, the transaction volume of this token in the last 24 hours remains below 300 thousand dollars.

Some data on the Polygon network shows that some investors are switching to USDC in exchange for USDR.

The article titled Treasury Exploded, This Stablecoin Goes Off Track was prepared by Selim Kuşçu and published on koinbulteni.com.

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