{"id":"tp-12793","type":"article-newspaper","title":"Tron Slashes 4,000 Bitcoin from USDD Reserves, Justin Sun Addresses the Strategy Behind It","author":"Sheena Jordan","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/12793","datePublished":"2024-08-23T09:06:34.000Z","dateModified":"2024-08-23T09:06:34.000Z","language":"en","abstract":"The Tron DAO Reserve has slashed its USDD stablecoin Bitcoin reserves by 42%, transferring 4,000 BTC to HTX. Justin Sun has elaborated on the rationale, linking it to foundational DeFi mechanisms.","section":"Business","references":[{"title":"Arkham Intelligence","url":"https://platform.arkhamintelligence.com/explorer/address/1KVpuCfhftkzJ67ZUegaMuaYey7qni7pPj"},{"title":"Coingape","url":"https://coingape.com/trons-usdd-stablecoin-removes-4000-bitcoin-reserves-justin-sun-explains-why/"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}