WAVES sees increased investor distribution as USDN troubles persist
Despite recent claims that Neutrino USD [USDN] is not intrinsically linked to Waves [WAVES], the recent troubles of the algorithmic crypto-collateralized stablecoin led to a severe decline in the value of the token. Attempting to restore confidence in these assets, the founder of the WAVES protocol, Sasha Ivanov, assured investors that the USDN stablecoin would be fine and that the token would not be reduced to zero value, in a tweet on 20 December.Further, on 21 December, Ivanov asked for several centralized exchanges, including Binance, Kraken, OKX, and Bybit, to disable the futures market for the token. All attempts to calm fears about a potential death spiral for WAVES have been futile, as many believed that the token would eventually fail.
Source
https://t.me/Helium_Waves_Stepn
