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
$74,479.76+0.74%
Ethereum24h
$2,322.14-0.23%
XRP24h
$1.53+0.42%
BNB24h
$672.02-0.98%
Solana24h
$94.72-0.49%
TRON24h
$0.3062+3.47%
Dogecoin24h
$0.1003-1.63%
Hyperliquid24h
$41.00+3.70%
Cardano24h
$0.2888+0.41%
Bitcoin Cash24h
$474.30-1.15%
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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