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Results for TUSD

8 stories, newest first

Nov 21, 2024 — SEC, Stablecoins

Dollar-pegged stablecoin TUSD may still be up to 99.7% backed by speculative assets, despite an SEC settlement that alleged this behavior.

TrueUSD has de-pegged across both centralized exchanges and DeFi after switching accounting firms for attestations.

Oct 23, 2023 — TrueUSD, TUSD

TrueUSD disclosed a hack of key customer information at about the same time as it had to disclaim tokens issued by deployers.

Sep 18, 2023 — Justin Sun, TUSD

Justin Sun justified his decision to mint over $800M of TUSD and burn them all with just one word: "t-bills."

Jun 27, 2023 — TUSD

TUSD is still attested for, yet other stablecoins TAUD, TGBP, and TCAD are unattested due to unclear information provided to auditors.

Jun 13, 2023 — Crypto, Justin Sun

Justin Sun-linked stablecoins, including TUSD, have been struggling amid rumors that Prime Trust had paused minting and redemptions.

Mar 21, 2023 — Crypto, Stablecoins

The market cap of TrueUSD recently doubled to over $2 billion, but the stablecoin is still surrounded by opaque ownership and behavior.

Mar 3, 2023 — Crypto, Justin Sun

Sun's TUSD has seen its market cap go from $750M to nearly $1.2B despite it not being able to get regular attestations from its auditor.