Trader takes $4m short position on TrueUSD as issuer halts mints and redemptions
An Ethereum user used Aave's V2 lending platform by depositing 7.5 million USDC as collateral.
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TrueUSD assures users it has no exposure to troubled Prime Trust
Stablecoin issuer TrueUSD maintains that it is not affected by the current challenges facing Prime Trust.
TrueUSD stops minting via Prime Trust, loses dollar peg
The recent depeg comes as TrueUSD team announced a pause on TUSD minting through Prime Trust until further notice.
Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD
Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrink.”
TrueUSD Stablecoin to Add ‘Real Time’ Monitoring of Dollar Backing
TrustToken has announced a new partnership that it says will allow a "real-time" view of the U.S. dollars backing its TrueUSD token.
TrueUSD Stablecoin Soon to Have ‘Real Time’ Monitoring of Dollar Backing
TrustToken has announced a new partnership that it says will allow a "real-time" view of the U.S. dollars backing its TrueUSD token.