Popular stablecoin issuer TrueUSD (TUSD) has announced that it has not been exposed to the latest developments on the Prime Trust front.
Binance powered TrueUSD is a recent social media in the statementfrom recent events on the Prime Trust front not affected announced. Announcing that TUSD printing operations carried out through Prime Trust have recently been suspended, the TrueUSD team emphasized that it has not been exposed to the brokerage house that went bankrupt.
The said statement Nevada Division of Financial Institutions (NDFI) to Prime Trust inadequate operation And power of being due to more customer And client fund came after he ordered her not to accept it. Prime Trust, after order all deposit And stop withdrawals had explained.
TrueUSD makes a confident call to customers. that all operations continue to operate without interruption stated in the following terms:
PrimeTrust suspended all fiat and digital asset deposits. TrueUSD is not affected by this. We are not subject to Prime Trust and hold multiple USD slots for printing and redemption. Peace of mind, all your money is safe with TUSD. As always, we are committed to taking proactive measures to protect our users’ funds and maintain our role as a trusted and trusted partner in the crypto space.
Binance USD (BUSD) issuer Paxos Binance, whose new favorite is TUSD after the problems with the internet, has been worth millions of dollars in the past months. TUSD had come to the fore.
In addition, Binance has recently been a Market Maker on TUSD. will reset transaction fees explained.