Tag Stablecoin

TrueUSD Stablecoin Depegs Amid Massive Sell Off

TrueUSD Stablecoin Depegs Amid Massive Sell Off

Key Takeaways Amidst a backdrop of regulatory uncertainties, TrueUSD (TUSD), a stablecoin associated with blockchain entrepreneur Justin Sun, has experienced a drop below its $1 peg. Reports suggest that holders are opting to cash out hundreds of millions of dollars’…

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