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
$79,054.73-0.85%
Ethereum24h
$2,487.50-0.45%
BNB24h
$738.87-1.47%
XRP24h
$1.39-1.47%
Solana24h
$103.78-1.42%
TRON24h
$0.3345-0.36%
Hyperliquid24h
$85.20-2.04%
Zcash24h
$1,150.54-5.77%
Dogecoin24h
$0.0903+0.44%
Monero24h
$516.28-4.42%
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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Nvidia director Mark Stevens sold a record $411M of stock—by Protos Staff
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Every Kraken IPO plan has failed—by Protos Staff
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Caterpillar CEO cashes out early for $26M—by Protos Staff
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The shoe company that pivoted to AI is dying—by Cas Piancey
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Crypto.com-promoted Tectonic forces Cronos to halt, rewind—by Protos Staff
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DoorDash has outperformed SpaceX by 48% since IPO—by Protos Staff
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Justin Sun is suing a movie actress for not giving him her eggs—by Cas Piancey
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32 NFT predictions that aged like milk—by Protos Staff
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Strategy can’t get STRC back to parity—by Cas Piancey
