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
$68,332.49-3.68%
Ethereum24h
$1,981.99-4.37%
BNB24h
$629.10-2.96%
XRP24h
$1.37-2.53%
Solana24h
$84.98-4.31%
TRON24h
$0.2846-0.26%
Dogecoin24h
$0.0914-2.38%
Cardano24h
$0.2595-3.53%
Bitcoin Cash24h
$450.87-2.40%
UNUS SED LEO24h
$9.06+0.25%
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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Four months on, MEV Capital falls victim to $4B DeFi daisy chain implosion—by Protos Staff
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‘Chinese Instagram’ Rednote bans Justin Sun’s accounts—by Protos Staff
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Prosecutors find drafts of secret deal linking Milei to LIBRA, Hayden Davis—by Protos Staff
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Justin Sun’s TRON stock is dying—by Protos Staff
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Nobitex users rush for exit after Tehran airstrikes crash Iranian currency—by Protos Staff
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Chinese banks freeze accounts over crypto memos—by Protos Staff
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Crypto Capital Corp’s $850M collapse linked to Israeli mafia cocaine ring—by Protos Staff
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DeFi exploiter targets lending protocols with oracle tricks—by Protos Staff
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Largest BNB treasury crashes 95%, blames CZ investment vehicle—by Protos Staff
