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TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins
24.3.2024
Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024, the circulation was approximately 1.1 billion TUSD, which then plummeted to just 612 million. Supply Slash Sees TUSD Fall From Top 5 Stablecoin Rankings to 8th Position Previously...
Stablecoin TUSD Remains Below Intended $1 Peg as Avara’s GHO Surges to Near-Peg Heights
25.1.2024
Market analysis reveals ongoing stability challenges for the stablecoin trueusd in maintaining its targeted $1 peg. As of 10:30 a.m. Eastern Time (ET) on Jan. 25, 2024, the token’s trading value fluctuated between $0.979 and $0.981. Concurrently, the Aave-developed stablecoin GHO has seen...
TUSD’s Stability Wavers — Value Fluctuates Below $1 Peg Amid Market Turbulence and Binance’s Dominant Hold
16.1.2024
Market insights reveal that on January 15, 2024, the stablecoin TUSD deviated from its usual $1 parity, dipping to $0.979 per coin the next day. By 10:00 a.m. Eastern Time (ET) on Tuesday, it managed to recover slightly, climbing above the $0.99 mark. TUSD Faces Unsteady Ground, Drops Under...
Top Stablecoins See Steady Decline Over Past Month as Dollar-Pegged Token Economy Shrinks
12.7.2023
The top stablecoins have continued to see redemptions over the past 30 days as the dollar-pegged crypto economy currently hovers at $127.32 billion on July 12. The stablecoin BUSD’s supply has dropped below the 4 billion mark as the token’s number of coins in circulation has fallen...
Redemptions Plague Stablecoin Economy, Wiping Out Over $2 Billion in June
2.7.2023
The market capitalization of the stablecoin economy on July 2, 2023, has fallen below the $129 billion mark to the current $128.21 billion, according to statistics. Just over $2 billion in stablecoins have been withdrawn from the stablecoin token economy since May 28. Stablecoin Economy Faces...
TrueUSD Depegs on Binance.US, Drops to 80 Cents Against Tether
28.6.2023
TUSD trades at a discount versus Tether as former FTX provider Armanino's rebranded outlet The Network Firm's association with TrueUSD raises alarm bells on Crypto Twitter
TrueUSD Stablecoin Has $26k of Funds at ‘U.S. Depository Halting Withdrawals,’ Reserve Report Says
27.6.2023
The stablecoin issuer said last week that it had “no exposure” to the failed crypto custodian Prime Trust
TUSD Stablecoin Daily Trading Volume Surpasses $1B After Binance Boost
31.3.2023
The surge follows Binance’s decision a week ago to eliminate the zero-fee trading discount on the platform except for the BTC-TUSD pair
Stablecoin Blues: $3 Billion Erased From the Dollar-Pegged Token Economy, HUSD Depegs, USDC Supply Drops 10%
3.11.2022
Over three billion in value was erased from the stablecoin economy during the past 30 days. The trend occurred despite the number of tethers in circulation rising by 2.2% last month. On Oct. 1, 2022, tether’s market capitalization was approximately $67.95 billion, and it’s risen...
Wazirx Plans to Delist 3 Stablecoins, Leftover Balances Will Be Auto-Converted to BUSD
20.9.2022
The crypto asset exchange Wazirx is following Binance’s move by delisting a number of stablecoins and automatically converting them to BUSD at a 1:1 ratio. Wazirx customers have until September 23 to withdraw their stablecoins if they don’t want the funds converted. Wazirx Plans...
Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision
7.9.2022
On September 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among crypto proponents on social media, Circle Financial CEO Jeremy Allaire explained that the change...
Stablecoins Made Easy With TrueUSD And Binance Partnership
5.6.2019
For the first time ever in the crypto history, the moving in and moving out, as well as the redemption of the stablecoin has been made so easy on Binance. Yesterday, TrustToken recently announced on Twitter that it is exciting to partner with Binance. The aim of this partnership is to make...
Seed CX Announces the Launch of PAX, USD Coin & TrueUSD
16.5.2019
The Seed CX has announced the addition of three Stablecoins, namely PAX, USD Coin and TrueUSD, which would lead to increased liquidity on the Stablecoin market. The company led by Edward Woodford now enables spot trading against the dollar on the three Stablecoins. They plan to offer additional...
IOST Allows Users To Swap TUSD And USDC Into iUSD, Aims To Bring Liquidity To The Ecosystem
14.5.2019
IOST platform announced on Monday that users can now swap TruUSD and USDC into iUSD. iUSD was created by Servi Node Rate3, in order to bring much-needed liquidity to the IOST ecosystem. The announcement came via Twitter, in which the company also shared a link to a blog on medium.com. You can...