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Nalezeno "trueusd": 66

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 Just over $2 billion in stablecoins have been withdrawn from the stablecoin token economy since May 28.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...

Prime Trust Is Having a Bad Month

29.6.2023
Prime Trust may be taken over by the state of Nevada, and the situation seems alarming

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’s Reserves Were Attested by Former FTX.US Accounting Team

28.6.2023
Armanino’s digital asset team rebranded itself to The Network Firm, as CoinDesk reported, to continue performing audits and attestations after the collapse of FTX

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

Trader takes $4m short position on TrueUSD as issuer halts mints and redemptions

24.6.2023
An Ethereum user used Aave's V2 lending platform by depositing 7.5 million USDC as collateral

TrueUSD assures users it has no exposure to troubled Prime Trust

22.6.2023
Stablecoin issuer TrueUSD maintains that it is not affected by the current challenges facing Prime Trust

TrueUSD Says TUSD Stablecoin Has ‘No Exposure’ to Embattled Prime Trust

22.6.2023
Stablecoin project TrueUSD said Thursday it had “no exposure” to embattled crypto services company Prime Trust as it raced to shore up confidence in its dollar-backed TUSD

Binance Will Expand Zero-Fee Trading on TrueUSD after Minting $1B of TUSD

21.6.2023
Binance crypto wallets hold some 90% of TUSD’s $3.1 billion market cap, according to blockchain data by Arkham Intelligence

TrueUSD Loses Dollar Peg Following Minting Suspension with Prime Trust

11.6.2023
TrueUSD, a major fiat-collateralized stablecoin, has lost its peg following the announcement that it has suspended minting activities through its technology partner Prime Trust. In early Saturday hours, TUSD started distancing away from its intended $1 peg, dropping to as low as $0.993090 before...

TrueUSD stops minting via Prime Trust, loses dollar peg

10.6.2023
The recent depeg comes as TrueUSD team announced a pause on TUSD minting through Prime Trust until further notice

TrueUSD's Borrowing Rates Jumped to 100% as TUSD Soared to $1.20: Kaiko

3.5.2023
Traders shorted TUSD to capture a 20% upside for the token’s intended $1 peg

TrueUSD's Bitcoin Trading Volume Nears Tether’s on Binance but Traders Hesitate to Use the Token

15.4.2023

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 Supply Shift: TUSD Jumps 110% While Others Experience Reductions

30.3.2023
Four stablecoins have reduced their supplies this month, while the stablecoin token TrueUSD (TUSD) has seen its supply jump 110% higher over the last 30 days. TUSD resides natively on four different blockchains. The number of Ethereum-based TUSD rose 27%, while the number of Tron-based TUSD...