$0.459
+0.0029 (+0.626%)
At Close: Jun 22, 2026
The unsettling depreciation of USDR stablecoin: A deep dive into liquidity issues
04:33am, Thursday, 12'th Oct 2023
In an unexpected turn of events, the real estate-backed stablecoin, USDR, witnessed a significant depeg from its standard value, plummeting to a mere $0.53 per coin on October 11.
Tangible's USDR Token Depegs by 50% as DAI Redemptions Expose Liquidity Issue
01:47am, Thursday, 12'th Oct 2023
Tangible, a project which claims to offer the “first stablecoin backed by tokenized, yield-generating real estate,” experienced a significant crash in its Real USD (USDR) stablecoin.
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