TUSD Stablecoin Daily Trading Volume Surpasses $1B After Binance Boost
TUSD’s 24-hour trading volume surpassed $1 billion for most of Thursday and Friday, according to CoinGecko. It is a significant increase from earlier this month, when TUSD recorded mostly sub-$100 million daily trading volume.
Crypto Morning Briefing: Hong Kong Signals Licensing Over 8 Crypto Companies by Year-End
Tron Founder Justin Sun Reportedly Lost His Diplomatic Status; Magic Eden’s New Bitcoin NFT Marketplace Dominates Ordinals Market; Hong Kong Turns to Japan for Advice After ‘Mind-Boggling’ Web3 Influx
Justin Sun-Labeled Address Withdrawn 1M TUSD From AAVE: PeckShieldAlert
PeckShieldAlert @PeckShieldAlert on Twitter: Justin Sun-labeled address has withdrawn 1M $TUSD from AAVE https://etherscan.io/tx/0x3527ecc1824f75e9da5efeb4cb3f2ff0adac6ed54e795ae90a4185fde5aa029d
Binance Swaps BUSD in SAFU for TUSD and USDT Amid Termination of Minting from Paxos
This swap is to ensure that assets in SAFU continue to protect users in the long term as the BUSD market capitalization continues to decrease over time.
Justin Sun’s Stablecoin TUSD Curiously Grows Amid Market Meltdown
Attestations are also becoming difficult to come by as auditors abandon the crypto industry en masse.
On-Chain Data Reveals Massive TUSD Inflow, Bitcoin Outflow
According to CryptoQuant data, the True USD (TUSD) Inflow for all exchanges was 86 million on February 16 and Binance accounted for over 90% of the TUSD inflow. The exchange inflow and outflow for all exchanges indicate an increase in trading activity in TUSD.
Binance Mints Almost 50 Million TUSD Stablecoin; TRU Token Rises 200%
According to a tweet from Whale Alert, on Feb. 16, Binance purchased nearly 50 million, a stablecoin running on the Ethereum blockchain.
