TrueUSD Plummets Below $1 Parity Amid Selloff Frenzy

TrueUSD Plummets Below $1 Parity Amid Selloff Frenzy

On January 15, TrueUSD (TUSD), the USD-pegged stablecoin, experienced a deviation from its $1 parity that saw its price decline to $0.985. This comes amidst speculations that TrueUSD holders are exchanging hundreds of millions of tokens for the competing stablecoin Tether (USDT). TrueUSD Depeg Sparks Trading Frenzy on Binance Based on data from the exchange’s […]

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