Crypto Community Believes USDD is Unsafe As Huobi Battles Crisis
  • The crypto community thinks USDD is unsafe, given some unusual activities.
  • Nansen data says Huobi users cashed over $60.9 million within 24 hours.
  • The figure represents over 64% of its total $94 million outflow over seven days.

The crypto community speculates about a possible recurrence of the monumental stablecoin de-peg that happened seven months ago with UST. Given certain unusual activities around the Huobi Chinese crypto exchange, the crypto community thinks it is unsafe to hold USDD.

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