Coin Edition
2024-01-19 05:50:15

Is TrueUSD the Next USTC? Stablecoin Depeg Events Investigated

TrueUSD (TUSD) depegged from the US dollar this week, marking its second depeg from $1 in the last two months. Losing parity with the US dollar and falling to $0.9685 reflected a familiar situation for many crypto users. It reminded them of the USTC depeg in 2022 ahead of the infamous TerraLUNA crash. According to The post Is TrueUSD the Next USTC? Stablecoin Depeg Events Investigated appeared first on Coin Edition .

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