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
$102,383.82-1.44%
Ethereum24h
$2,568.61-3.98%
XRP24h
$2.50-3.29%
BNB24h
$650.99-1.91%
Solana24h
$173.30-5.26%
Dogecoin24h
$0.2284-7.05%
Cardano24h
$0.7853-5.33%
TRON24h
$0.2732-0.50%
Sui24h
$3.81-5.34%
Chainlink24h
$16.58-4.59%
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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