Markets 24h

BTC $82,511 +0.92%

ETH $2,440 +2.09%

BNB $737 +1.59%

XRP $1.32 +1.89%

SOL $106 +2.30%

TRX $0.3306 -0.06%

ZEC $1,214 +8.53%

HYPE $79.88 +2.69%

DOGE $0.0811 +2.79%

XMR $620 +4.88%

LINK $12.18 +2.59%

LEO $9.02 -0.11%

ADA $0.2214 +2.41%

NEAR $4.93 +0.04%

XLM $0.1790 +1.79%

BCH $277 +0.64%

LTC $60.16 +0.64%

UNI $7.40 +2.44%

AVAX $9.65 +1.37%

CC $0.1053 +1.97%

Results for Spotlight, Justin Sun, stUSDT

4 stories, newest first

Oct 24, 2024 — Ethereum, Justin Sun

Poloniex has withdrawn from Staked USDT (stUSDT) on Ethereum, vastly dropping the utilization of the protocol.

USDT that customers once held on Huobi is now daisy-chained into JustLend, a 'decentralized' lending protocol dominated by Sun.

Aug 2, 2023 — Crypto, Huobi

Around 99% of stUSDT is controlled by Justin Sun and Justin Sun-connected entities such as Huobi, despite lacking the promised DAO.

Jul 17, 2023 — Huobi, Justin Sun

stUSDT, a form of staked tether invested in "real world assets" that pays yield to users, is highly centralized.