Waves (WAVES), one of the leading blockchains, is preparing a new stablecoin as the ecosystem’s algorithmic stablecoin Neutrino USD (USDN) has lost close to 43% value.
Sasha Ivanov, founder of the Waves network December 20 on his official social media account. in his poststates that they are planning to issue a new stablecoin, but not USDN beforehand. will save again announced that they would put a plan into effect. After the announcement, users on social media were sent to founder Ivanov. in harsh criticism found.
Ivanov shared about his plan to recover USDN without giving details your new stablecoin will not lose its stability He promised to be in a building. Founder for new project He declined to give a specific date.
The algorithmic stablecoin of the ecosystem that the founder says he will save USDN On the other hand, the algorithmic stablecoin Terra USD, which often causes Terra (LUNA) crashes on social media (TOP) compared with. USDN first launched in August 0.90 falling to the dollar 1 dollar after he lost his October towards the middle of the month again had reached their previous level.
On the other hand, DAXA, the advisory board established by South Korean cryptocurrency exchanges, announced earlier this month that USDN dollar to lose its stability had marked WAVES as an “investment warning”, citing Above that, both WAVES and the currently unstable USDN was in decline.
Investors follow Ivanov on social media fraud and awkwardly blamed. Some users are Recommending to buy a plane ticket to Dubai He hinted that he might be in trouble with government agencies recently. On the other hand, Ivanov He stated that he was already in Dubai.