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
$112,507.77+0.29%
Ethereum24h
$4,118.43+2.42%
BNB24h
$1,184.94-2.29%
XRP24h
$2.50+1.20%
Solana24h
$204.34+4.18%
Dogecoin24h
$0.2042+2.64%
TRON24h
$0.3177+1.39%
Cardano24h
$0.7006+2.42%
Hyperliquid24h
$39.72+1.02%
Chainlink24h
$18.98+1.54%
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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