Tag: TrueUSD
TrueUSD Stablecoin (TUSD) Loses $1 Peg Amid Binance’s FDUSD Focus: Analyst
The spike in FDUSD volume, coinciding with TUSD's de-pegging, suggests a transfer to FDUSD for participating in the FDUSD launch pool and joining the [...]
Stablecoin TrueUSD Owner Techteryx to Take Full Control of Operation
Techteryx assumed "full management full management of all offshore operations and services related to TUSD," on July 13.
www.coindesk.com [...]
Crypto Markets ‘Highly Dependent’ on Stablecoins Lacking Transparency, TrueUSD TUSD Poses Risk, Kaiko Says
The largest stablecoins have all endured periods of turmoil in the last few months. In February, New York state regulators ordered Paxos to halt minti [...]
TrueUSD Depegs on Binance.US, Drops to 80 Cents Against Tether
TUSD trades at a discount versus Tether as former FTX provider Armanino's rebranded outlet The Network Firm's association with TrueUSD raises alarm be [...]
TrueUSD Stablecoin Has $26k of Funds at ‘U.S. Depository Halting Withdrawals,’ Reserve Report Says
The stablecoin issuer said last week that it had “no exposure” to the failed crypto custodian Prime Trust.
www.coindesk.com [...]
Trader takes $4m short position on TrueUSD as issuer halts mints and redemptions
Following the issuer's decision to temporarily halt mints and redemptions through its banking partner, Prime Trust, a trader has taken advantage of th [...]
TrueUSD assures users it has no exposure to troubled Prime Trust
On June 22, TrueUSD announced on Twitter that its TUSD stablecoin had “no exposure” to the troubled Prime Trust, which is reportedly facing regulator [...]
Crypto Exchange Binance Will Expand Zero-Fee Trading with TrueUSD (TUSD) after Minting $1B Worth of Stablecoin
Binance started to promote TUSD on its platform after New York state regulator’s forced issuer Paxos to mint Binance-branded stablecoin BUSD in Februa [...]
TrueUSD stops minting via Prime Trust, loses dollar peg
Stablecoin TruedUSD (TUSD) slightly lost its dollar peg in the early hours of June 10, following a pause in minting activities through its technology [...]
BTC-USDT Pair Most Liquid on Binance Even as TrueUSD Pair Sees Higher Trading Volumes
"For as long as zero-fee trading lasts on BTC-TUSD, TUSD needs to be considered a top stablecoin in crypto, whether people like it or not. Similar to [...]
TrueUSD Stablecoin Daily Trading Volume Surpasses $1B After Binance’s Zero-Fee Boost
The stablecoin’s recent popularity comes after Binance, the world’s largest crypto exchange by trading volume, picked TUSD as a favored stablecoin tra [...]
Crypto Exchange Binance’s Curb on Zero-Fee Trading May Cost Market Share, Boost TrueUSD Stablecoin
The BTC-TUSD trading volume had recently grown tenfold compared to Tuesday, Dustin Teander, an analyst at crypto research firm Messari, said in an ema [...]
TrueUSD Says ‘Small Number’ of Users Impacted by Signature Bank Closure
Stablecoin issuer says USD funds held at Signature bank now fully backstopped by Fed
www.coindesk.com [...]
TrueUSD Says ‘Small Number’ of Users Impacted by Signature Bank Closure
Stablecoin issuer says USD funds held at Signature bank now fully backstopped by Fed
www.coindesk.com [...]
TrueUSD Becomes 5th-Largest Stablecoin as Binance Mints $130M TUSD in a Week
Blockchain data shows exchange giant Binance has been relying increasingly on TUSD after regulators clamped down on its Binance USD stablecoin.
www.c [...]