GHO Stablecoin Approaching Peg while Trueusd Struggles to Maintain $1 Trueusd (TUSD), currently the fifth-largest stablecoin by market capitalization, has been experiencing fluctuations below its U.S.…
TUSD Faces Volatility as Value Drops Below $1 On Monday, TUSD experienced instability in its value, falling below the $1 mark and hovering around $0.98. This…
The TUSD Takeoff: Binance’s Stablecoin Loses Almost 1% The stablecoin TrueUSD (TUSD), issued by the Chinese company Techteryx and supported by Binance, has experienced a heavy…
Terraform Labs Files Motion Against Citadel Securities in SEC Lawsuit Terraform Labs has filed a motion against Citadel Securities in its defense against the cryptocurrency-related lawsuit…
Terraform Labs Accuses Citadel Securities of Destabilizing TerraUSD Stablecoin Terraform Labs has accused Citadel Securities LLC, a U.S.-based market-making firm, of intentionally destabilizing its TerraUSD (UST)…
Terraform Labs Files Motion Against Citadel Securities Terraform Labs has taken legal action to compel Citadel Securities to hand over trading documents that allegedly demonstrate the…
Trader Loses Investment in USDR Swap on DEX In a recent crisis involving the real-estate-backed stablecoin Real USD (USDR), a trader made a swap on the…
Stablecoins Face Challenges The crypto market is known for its price volatility, making stablecoins like USDT, USDC, and DAI crucial for investors and traders. These stablecoins…
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