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Justin Sun bailed out $500M stablecoin TUSD, report

Filings reveal that Techteryx, the firm behind TrueUSD, required a loan from Justin Sun after its reserves got stuck in First Digital Trust.

World Liberty Financial announces USD1 without governance vote

World Liberty Financial has announced USD1, its new stablecoin, without consulting with governance token holders.

Despite excellent political and banking conditions for stablecoins, PayPal’s PYUSD and Ripple’s RLUSD are still less than 1% of the market.

Tether has frequently promised to get an audit and has reiterated that promise again as it brings in a new CFO.

“Crypto Czar” David Sacks is expected to announce the names of industry leaders who will join Donald Trump’s newly-formed advisory council.