South Korean Exchange Issues Warning on Tron and Waves’ Stablecoins
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South Korea’s largest domestic crypto exchange has sounded the alarm over the de-pegging of Tron’s USDD and Waves’ Neutrino USDN stablecoins.
Upbit exchange said: “At the moment, there is a situation where there is concern that the peggings of USDN and USDD are not being maintained normally. This may increase the possibility of price fluctuations in the WAVES and TRX associated with each of the above stablecoins, so members should be aware of investing in WAVES and TRX.”
The two stablecoins remain volatile, both are trading under a dollar. USDD is down over 1.5% in the last 24 hours, and USDN is down close to 1%, according to data by CoinGecko.
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