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Coin Edition 2023-10-12 09:17:00

Tangible Faces Crisis as USDR Stablecoin Crashes: What’s Next?

Tangible, an ecosystem for tokenized real-world assets, suffered from the crash of its stablecoin, Real USD (USDR). The stablecoin is a native yield stablecoin backed by real estate, but Tangible shared that there has been “an accelerated drawdown in the market cap, combined with the lack of DAI for redemptions; panic selling ensued, causing a The post Tangible Faces Crisis as USDR Stablecoin Crashes: What’s Next? appeared first on Coin Edition .

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