Stablecoin Named after Justin Sun Falls Below $1 Again

TrueUSD (TUSD), one of the stablecoins directly pegged to the dollar, lost this equivalence in the morning hours and fell to $ 0.9708.

TrueUSD will be available for investors on January 15. TUSD worth hundreds of millions of dollars After the news that it was sold, it fell below 1 dollar.

Binance data shows investors’ interest in the last 24 hours. $83.8 million TUSD take and yet approximately 238 million dollars It shows that TUSD is selling.

Last week, TrueUSD took a break from sharing in real time the reserves it used to keep TUSD stable. Cryptocurrency followers, company to doubt their assurances started. The company said this was due to several internal errors.

TrueUSD, in its statement yesterday “completely updated the nominal reserve control system” he stated.

According to ContentFi Labs COO Nick Ruck, TUSD, which is associated with TRON founder Justin Sun, $100 million attack on Poloniex It seems likely that he was also affected.

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