TrueUSD (TUSD) becomes the most popular stablecoin for trading volumes on centralized exchanges paired with bitcoin
According to a report by Kaiko, a data analytics firm, TrueUSD (TUSD) has surpassed USDT and BUSD as the most popular trading asset paired with bitcoin on centralized exchanges. This significant shift can be attributed to the aggressive promotion of TUSD by Binance, which has led to a 168% increa ...
TUSD Operator Transfers $1 Billion to Bahamas Following Collapse of Crypto-Friendly US Banks
Bloomberg reports that following the recent collapse of US banks that were favorable to cryptocurrencies, the operator of the fifth largest stablecoin worldwide, TUSD, has transferred $1 billion in assets to the Bahamas. Archblock, which manages approximately $2 billion in reserves to back the Tr ...