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To close Monday we continue with the hopeless news. In this case, we are talking about the stablecoins, which are in the eye of the hurricane. This morning, June 13, the stable coin USDD lost parity with the dollar for a few hours. The situation should not be too serious as it has recovered again and it was not the only stable coin that has momentarily lost value during the day today.
But information released on Twitter by Justin Sun would indicate that Tron reserve will use USD 2 billion to reverse the effect of traders betting on short positions with the Tron cryptocurrency (TRX).
If this information is confirmed, we are witnessing the debacle of a currency that was born on May 5th. To acquire it you have to burn Tron, which with this fall is probably being done by everyone who has not already done so. Tron's price drop could trigger another depeg and well, you know LUNA.
The Celsius thing is as serious as I told you because the news about their insolvency situation had been accusing them of some time and now the market situation makes it even more difficult for them to meet their obligations to users. From here it is possible that everything will be fixed if the agreement with Nexo is successful, but it is also possible that it will not be so. More info here
What a Monday that 13 of June!
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Do not forget to follow all my advice if you want to lose your wife because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars"
