TrueUSD attributes Binance Launchpool activities to recent stablecoin price deviation
CAT
1 min read
Embattled TrueUSD (TUSD) stablecoin attributed the asset’s recent price deviations from the $1 peg to the “community mining activities associated with Binance Launchpool,” which resulted in “short-term arbitrage opportunities.” TUSD’s value has recovered to $0.9904 as of press time after falling to as low as $0.9708 during the past day, according to CryptoSlate’s data. Addressing price […]
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TrueUSD attributes Binance Launchpool activities to recent stablecoin price deviation
