Justin Sun’s stablecoins are struggling… again
Justin Sun-linked stablecoins, including TUSD, have been struggling amid rumors that Prime Trust had paused minting and redemptions.
Bitcoin24h
$98,105.52+3.34%
Ethereum24h
$3,323.83+7.56%
Solana24h
$254.92+6.96%
BNB24h
$632.67+3.89%
XRP24h
$1.27+13.94%
Dogecoin24h
$0.3845-0.32%
Cardano24h
$0.8188+2.08%
TRON24h
$0.1985+1.40%
Shiba Inu24h
$0.0000+1.33%
Avalanche24h
$35.29+4.26%
What’s up with TrueUSD and the rest of TrustToken’s stablecoins?
The market cap of TrueUSD recently doubled to over $2 billion, but the stablecoin is still surrounded by opaque ownership and behavior.
Justin Sun’s stablecoin TUSD curiously grows amid market meltdown
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.
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Michael Saylor has lost voting control of MicroStrategy—by Protos Staff
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Coinbase to delist WBTC months after Justin Sun controversy—by Protos Staff
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All bitcoin models destroyed: Stock-to-Flow, Power Law, Rainbow—by Protos Staff
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Is retail back or is MicroStrategy only pumping the price of bitcoin?—by Protos Staff
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MicroStrategy investors cheer bitcoin ‘yield’ — but few read fine print—by Protos Staff
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Bitcoin flippened silver and Saudi Aramco — are Google and Amazon next?—by Protos Staff
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Bit on that thang! Michael Saylor ‘orange pills’ the Hawk Tuah girl—by Protos Staff
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Polymarket faces US probe as Kalshi exec allegedly fuels wash-trading concerns—by Protos Staff
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Bitcoin breaks $93,000 amid rumors that Saudi, UAE, or Qatar is buying—by Protos Staff
