Stablecoin Depeg, Investor Beware!
Today, July 9, 2025, the crypto market was shocked by the news that one of the major stablecoins, USDD, has once again depegged from the value of $1 and briefly dropped to $0.97 on several exchanges.
This decline in value was triggered by a massive wave of withdrawals from whale wallets as well as a decrease in liquidity in the DeFi pool. Although the USDD team claims the reserves remain safe, many traders are opting to hedge into other stablecoins like USDT and USDC.
Some analysts believe that short-term pressure could still occur if the market does not see clear transparency regarding reserves. Traders are advised to remain cautious, especially those using this stablecoin for margin or staking.
