TrueUSD stops minting via Prime Trust, loses dollar peg By Cointelegraph
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Stablecoin TrueUSD () lost its dollar peg in the early hours of June 10 after a pause in minting activities through its technology partner Prime Trust.
The fifth-largest stablecoin by market capitalization traded at $0.9964 at its lowest point. According to CoinMarketCap, its value is $0.9981 at the time of writing. The current supply of TUSD is $2.04 billion, while its collateral is $2.08 billion, data from LedgerLens shows.
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Stablecoin TrueUSD () lost its dollar peg in the early hours of June 10 after a pause in minting activities through its technology partner Prime Trust.
The fifth-largest stablecoin by market capitalization traded at $0.9964 at its lowest point. According to CoinMarketCap, its value is $0.9981 at the time of 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
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