CRYPTO:USDRUSD

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$0.459
+0.0029 (+0.626%)
At Close: Jun 22, 2026
The stablecoin landscape has been stagnant for the last two months, barely exceeding $123 billion as we approach the third week of October. Even though fiat-pegged token trading saw a spike this week,
A stablecoin built on layer-2 scaling solution Polygon (MATIC) and backed by real estate assets has lost nearly half of its value after depegging from the US dollar (USD).
A Polygon-based real estate-backed stablecoin called Real USD ($USDR) has lost over half of its value in a matter of hours after it was drained off of its liquid collateral, leaving only rental proper
During a recent fluctuation in USDR's value, a transaction involving 131k stablecoins yielded no return for the trader.

USDR Stablecoin Crashes 50% After Run on Reserves

12:35pm, Thursday, 12'th Oct 2023
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.
An attempt to withdraw USDR stablecoins amid a liquidity crunch appears to have gone horribly wrong.
A user lost what had been worth $131,350 while swapping USDR for USDC following the 50% crash of USDR's price on Oct. 11.
Polygon-based stablecoin USDR has lost its peg to the U.S. dollar after a panic-driven liquid redemption.
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
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
A high-profile failure in crypto's burgeoning “real-world assets” niche may take an upward turn.
In the last 24 hours, mass redemptions of the Polygon-based stablecoin USDR used up the liquid DAI collateral in the treasury of its issuer TangibleDAO (Tangible). Panic selling ensued, causing the as
Moments after assuring investors that it had gotten more RWAs to back the stablecoin, USDR fell by almost 50%, bringing speculation about a possible fraudulent move by its developers.
Based on on-chain data, the treasury of USDR experienced a depletion of liquid assets, resulting in a surge in demand for the stablecoin...
The real estate-backed USDR stablecoin lost its peg on the 11th of October, falling to $0.53 per coin, after the USDR treasury was drained of all its liquid assets, leading to a run on the stablecoin.
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