TrueUSD (TUSD) Depegs, Rises To 70% On Curve Pool After Prime Trust Disaster

While TrueUSD (TUSD) denies its exposure to crypto custodian Prime Trust, it has depegged for the second time this month. Prime Trust was placed into receivership on Tuesday after rival BitGo called off its bid to acquire Prime Trust. TUSD stablecoin fell to 0.9974 against Tether (USDT) on Binance and 0.80 on Binance.US amid exposure to The post TrueUSD (TUSD) Depegs, Rises To 70% On Curve Pool After Prime Trust Disaster appeared first on CoinGape.

TrueUSD (TUSD) Depegs, Rises To 70% On Curve Pool After Prime Trust Disaster

While TrueUSD (TUSD) denies its exposure to crypto custodian Prime Trust, it has depegged for the second time this month. Prime Trust was placed into receivership on Tuesday after rival BitGo called off its bid to acquire Prime Trust. TUSD stablecoin fell to 0.9974 against Tether (USDT) on Binance and 0.80 on Binance.US amid exposure to

The post TrueUSD (TUSD) Depegs, Rises To 70% On Curve Pool After Prime Trust Disaster appeared first on CoinGape.