The U.S. Securities and Exchange Commission (SEC) has taken action against TrueCoin LLC and TrustToken Inc., the creators of the TrueUSD (TUSD) stablecoin, revealing that nearly all of TUSD's reserves were invested in a high-risk offshore fund.
Read MoreBinance's decision to discontinue support for XRP and TUSD could potentially impact the sentiment surrounding the coin, sparking various speculations about the underlying reasons.
Read MoreBecause DUSD is almost solely utilized as a trading pair on Binance, it has grown to become the fourth-largest stablecoin by market capitalization.
Read MoreOver the previous three weeks, the major stablecoins' supply appears to have been acquired by whale entities, according to on-chain data, at a rate of approximately 5%.
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