from Binance There was an important announcement regarding BUSD and TUSD. Zero transaction fee policy applicable to Binance BUSD to TUSD announced the move.
Related Content: Stablecoin Announcement From Binance CEO ‘CZ’! They Will Use This Instead of BUSD!
After the announcement from Binance and Cz’s statements, there was a serious increase in the price of TrueFi, which is considered to be related to TUSD.
TRU price, which increased by 30% with the announcement from Binance, crashed with CZ’s next statement.
Responding to a follower’s post, “Wow, what a day for TRU”, Cz said that TRU and TUSD should not be associated with each other.
TRU should not be related to TUSD.
— CZ Binance (@cz_binance) March 15, 2023
After Cz’s response, there was a 25% decrease in the TRU price within minutes.
Source: Bitcoinsistemi.com