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news-imageJune 3, 2024

TrueUSD (TUSD) Releases Monthly Recap with Notable Adoption in Web3 Space

The TrueUSD stablecoin is natively available on four chains – Ethereum, BSC, Tron, and Avalanche – with all others available in wrapped versions.
Publisher: Coinspeaker
Sentiment: Positive
TUSD

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Negative
cover-imageCrypto news
May 30, 2024

TrueUSD's crashes 79% following Binance delisting

Stablecoin TrueUSD (TUSD) affiliated with Justin Sun lost nearly 80% in market capitalization after crypto exchange Binance removed several trading pairs with it. TrueUSD (TUSD), a stablecoin issued by the TrustToken platform, which currently operates as Archblock, declined by 78.

Negative
cover-imageCoinnounce
March 13, 2024

Binance Announces Delisting of TrueUSD Trading Pairs

Binance announces the delisting of several TrueUSD trading pairs, including COMP/TUSD, EDU/TUSD, and PENDLE/TUSD, as part of its efforts to maintain a high-quality trading environment. TrueUSD will still be available for trading on other pairs on the exchange.

Negative
cover-imageCryptopolitan
March 13, 2024

Binance announces delisting of TrueUSD (TUSD) trading pairs

Binance, one of the world's leading cryptocurrency exchanges, has unveiled plans to delist multiple TrueUSD (TUSD) trading pairs, citing reasons related to market quality and user protection. Delisting announcement In an official notice released on March 13, 2024, Binance disclosed its decision to remove several TUSD trading pairs from its platform.

Negative
cover-imageBlockchain News
January 19, 2024

TrueUSD Depegging Linked to Binance Launchpool Activities

TrueUSD (TUSD) depegged below its $1 parity, dropping to $0.97, amid significant selling on Binance and issues with real-time reserve attestations. The depegging was linked to activities on Binance Launchpool and raises questions about stablecoin stability and transparency.

Negative
cover-imageCryptopolitan
January 18, 2024

TUSD inches closer to $1 amid redemption issues

The TrueUSD (TUSD) stablecoin recently experienced a period of instability, briefly dropping to 96 cents before recovering to 99 cents. This volatility was accompanied by reports of denied redemption requests, raising concerns within the cryptocurrency community.

Neutral
cover-imageCryptoSlate
January 18, 2024

TrueUSD attributes Binance Launchpool activities to recent stablecoin price deviation

Embattled TrueUSD (TUSD) stablecoin attributed the asset's recent price deviations from the $1 peg to the “community mining activities associated with Binance Launchpool,” which resulted in “short-term arbitrage opportunities.” TUSD's value has recovered to $0.9904 as of press time after falling to as low as $0.9708 during the past day, according to CryptoSlate's data.

Negative
cover-imageCrypto Economy
January 16, 2024

TrueUSD (TUSD) Loses Dollar Parity: Alarm Among Investors

In the past few hours, TrueUSD (TUSD), the stablecoin associated with Justin Sun, experienced a concerning depegging, falling below its fixed value of $1. This event, which took place around 11:00 am UTC on January 15, marked a significant decline, with TUSD reaching a minimum of $0.984 by 11:15 pm and currently trading at $0.988.

Negative
cover-imageCoingape
January 16, 2024

TrueUSD Stablecoin Depegs As Whales Dump TUSD Amid Regulatory Woes

In a surprising turn of events, TrueUSD (TUSD), the stablecoin issued by TrustToken, has experienced a significant de-pegging, making it the first stablecoin of 2024 to face such a challenge. The sharp decline in value for the second time in recent months, fueled by whale actions and market dynamics, has intensified discussions about stablecoin vulnerabilities,

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