Tether and Four Other Stablecoins Set To Lose $625,000,000 in Interest Income Following Fed Pivot: CCData

September 30, 2024 The Daily Hodl

Tether and Four Other Stablecoins Set To Lose 5,000,000 in Interest Income Following Fed Pivot: CCData

Blockchain

The stablecoin industry will have to weather significant losses in interest income following the Federal Reserve’s latest rate cut, a new report from CCData shows. In its latest report on stablecoins and central bank digital currencies (CBDCs), the digital asset data and index provider notes that the vast majority of the top five stablecoin issuers’ […]

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This Crypto Project Currently ‘Flying Under the Radar’ Could Overtake Chainlink Someday, Says Guy Turner

SEC Announces Settlement With TrueCoin and TrustToken Over TUSD Charges

September 26, 2024 The Daily Hodl

Bitcoin

Federal securities regulators have reached an agreement with TrueUSD (TUSD) issuer TrueCoin and lending protocol operator TrustToken to settle charges for the alleged and fraudulent sale of unregistered investment contracts. The US Securities and Exchange Commission (SEC) accuses TrueCoin and TrustToken of offering and selling TUSD as an unregistered security from November 2020 to April […]

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This Crypto Project Currently ‘Flying Under the Radar’ Could Overtake Chainlink Someday, Says Guy Turner

Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement

September 26, 2024 Bitcoin.com

bitcoin.com

Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TUSD following the resolution of U.S. Securities and Exchange Commission (SEC) charges against Trusttoken Inc. and Truecoin LLC, the companies behind the dollar-pegged token. TUSD Faces Removal From Curve Finance Pegkeeper The proposal, authored by Wormhole Oracle, suggests slashing the debt ceiling […]

This Crypto Project Currently ‘Flying Under the Radar’ Could Overtake Chainlink Someday, Says Guy Turner

Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD Claims

September 25, 2024 Bitcoin.com

bitcoin.com

The U.S. Securities and Exchange Commission (SEC) announced settled charges against crypto companies Trusttoken Inc. and Truecoin LLC. The charges allege fraudulent misrepresentations and unregistered sales of investment contracts related to the stablecoin trueusd (TUSD). U.S. Securities Regulator Charges Crypto Companies Trusttoken and Truecoin According to the SEC’s complaint released on Tuesday, Truecoin and Trusttoken […]

This Crypto Project Currently ‘Flying Under the Radar’ Could Overtake Chainlink Someday, Says Guy Turner

Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound

May 17, 2024 Bitcoin.com

Synthetix Stablecoin SUSD Drops Below Parity, Struggles to Rebound

Altcoins

According to current market prices, the synthetix usd (SUSD) stablecoin has fallen from its intended $1 parity. Charts show the token dipped to a low of $0.915 and is now trading at $0.958 per unit as of 8 a.m. EDT on Friday. SUSD Stablecoin Plunges to $0.915 Another stablecoin faces challenges in maintaining its 1:1 […]

This Crypto Project Currently ‘Flying Under the Radar’ Could Overtake Chainlink Someday, Says Guy Turner

TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins

March 24, 2024 Bitcoin.com

Altcoins

Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024, the circulation was approximately 1.1 billion TUSD, which then plummeted to just 612 million. Supply Slash Sees TUSD Fall From Top 5 Stablecoin Rankings to 8th Position Previously ranked among the top five dollar-pegged cryptocurrencies […]

This Crypto Project Currently ‘Flying Under the Radar’ Could Overtake Chainlink Someday, Says Guy Turner

Trading for TrueUSD (TUSD) starts June 29 – deposit now!

June 29, 2023 Kraken

asset listings

Kraken now supports the deposits and withdrawals of TrueUSD (TUSD) on the Tron Network! Tron is a blockchain platform where developers can deploy their own decentralized applications (dApps). Tron is powered by delegated proof-of-stake (DPoS), a system that’s considered highly democratic and inclusive for selecting block producers. The company’s vision is to create a decentralized […]

This Crypto Project Currently ‘Flying Under the Radar’ Could Overtake Chainlink Someday, Says Guy Turner

Top Crypto Exchange Binance Rolls Out New Dogecoin (DOGE) Trading Pair As Leading Memecoin Tracks Sideways

April 30, 2023 The Daily Hodl

Altcoins

The world’s largest crypto exchange by volume has launched a new trading pair for Dogecoin (DOGE) as the top memecoin continues to consolidate. Binance customers can now swap DOGE with the stablecoin TrueUSD (TUSD). TUSD, which aims to maintain a 1:1 peg to the US dollar, is the fifth-largest stablecoin by market cap. Dogecoin is […]

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This Crypto Project Currently ‘Flying Under the Radar’ Could Overtake Chainlink Someday, Says Guy Turner

Tether Grows 2.3% as Stablecoin Economy Loses $2.4 Billion in Value Since March 31

April 25, 2023 Bitcoin.com

Tether Grows 2.3% as Stablecoin Economy Loses .4 Billion in Value Since March 31

Altcoins

While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023. Four of the top five stablecoins experienced net redemptions over the last 30 days, except for tether, which grew by 2.3% during that time. Four […]

This Crypto Project Currently ‘Flying Under the Radar’ Could Overtake Chainlink Someday, Says Guy Turner

Stablecoin Supply Shift: TUSD Jumps 110% While Others Experience Reductions

March 30, 2023 Bitcoin.com

Altcoins

Four stablecoins have reduced their supplies this month, while the stablecoin token TrueUSD (TUSD) has seen its supply jump 110% higher over the last 30 days. TUSD resides natively on four different blockchains. The number of Ethereum-based TUSD rose 27%, while the number of Tron-based TUSD stablecoins increased by 218%. TUSD Supply Swells, Tron-Issued Stablecoins […]

tusd