The U.K.-based project saw its stablecoin, USDR, falter in a liquidity crisis last year. Tangible…
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USDR
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During yesterday’s real-estate-backed U.S. dollar stablecoin Real USD (USDR) crisis, a trader appears to have…
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A high-profile failure in crypto’s burgeoning “real-world assets” niche may take an upward turn. Source…
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Real estate-backed stablecoin USDR lost its peg to the U.S. dollar after a rush of redemptions…
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On-chain data suggests that USDR’s treasury was drained of liquid assets, leading to a run…