TrueUSD Stablecoin Continues to Depeg as Holders Flees to USDT

CAT January 18, 2024 1 min read

Chimamanda U. Martha

Coinspeaker
TrueUSD Stablecoin Continues to Depeg as Holders Flees to USDT

The significant outflow could be attributed to TrueUSD’s January 10 report, where the company informed users about a full upgrade to their fiat reserve audit system in collaboration with the Hong Kong-based accounting firm MooreHK.

TrueUSD Stablecoin Continues to Depeg as Holders Flees to USDT

Go here to Read this Fast! TrueUSD Stablecoin Continues to Depeg as Holders Flees to USDT

Originally appeared here:
TrueUSD Stablecoin Continues to Depeg as Holders Flees to USDT

Tags: #bitcoin #blockchain #cryptocurrency #eth btc Ethereum

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Related Stories

Bitwise CEO predicts ***** administration to boost crypto mergers

Local Pakistani crypto trader abducted and forced to transfer $340k

Investment Thesis for 2025: Why we’re bullish on decentralized AI, PayFi, tokenized assets and beyond

You may have missed

Circular Ring 2 sizes itself using your phone – no physical sizing kit required

This AI mirror could track your weight, blood pressure, sleep, and more

This new robot mower looks to replace your traditional grass cutter – it mulches too

Samsung and Google’s alternative to Dolby Atmos may be the most exciting audio product at CES 2025