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
$116,657.68+2.13%
Ethereum24h
$3,856.47+7.03%
XRP24h
$3.07+4.17%
BNB24h
$776.51+1.93%
Solana24h
$171.88+4.58%
Dogecoin24h
$0.2145+6.84%
TRON24h
$0.3386+1.30%
Cardano24h
$0.7677+5.55%
Sui24h
$3.75+9.94%
Hyperliquid24h
$39.27+3.90%
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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