TrueUSD stops minting via Prime Trust, loses dollar peg By Cointelegraph
[ad_1]
Stablecoin TruedUSD () slightly lost its dollar peg in the early hours of June 10, following a pause in minting activities through its technology partner Prime Trust.
The fifth-largest stablecoin by market capitalization traded at $0.9964 at its deepest point. According to CoinMarketCap, its value is $0.9981 as of this writing. The current supply of TUSD is $2.04 billion, while its collateral is $2.08 billion, data from LedgerLens shows.
Continue Reading on Coin Telegraph
[ad_2]
Source link
Stablecoin TruedUSD () slightly lost its dollar peg in the early hours of June 10, following a pause in minting activities through its technology partner Prime Trust.
The fifth-largest stablecoin by market capitalization traded at $0.9964 at its deepest point. According to CoinMarketCap, its value is $0.9981 as of this writing. The current supply of TUSD is $2.04 billion, while its collateral is $2.08 billion, data from LedgerLens shows.
Continue Reading on Coin Telegraph
About The Author
