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
$115,047.87-0.10%
Ethereum24h
$4,512.24-2.15%
XRP24h
$2.98-1.74%
BNB24h
$919.16-0.85%
Solana24h
$233.63-3.18%
Dogecoin24h
$0.2674-4.13%
TRON24h
$0.3446-1.28%
Cardano24h
$0.8618-3.08%
Hyperliquid24h
$53.43-0.68%
Chainlink24h
$23.52-2.63%
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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