TrueUSD’s slip from $1 peg deepens amid broader sell-off as FDUSD thrives

Oluwapelumi Adejumo

TrueUSD (TUSD) deviation from its $1 peg has widened under the current red market situation. Data from CryptoSlate shows that the stablecoin dipped as low as $0.9778 in the past 24 hours, coinciding with substantial sell-offs seen in the major cryptocurrencies like Bitcoin and Ethereum. On Jan. 16, CryptoSlate highlighted increased volatility in TUSD’s value […]

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TrueUSD’s slip from $1 peg deepens amid broader sell-off as FDUSD thrives