tusd Archives - Coinspeaker

Stablecoins Transfer Volume Surpasses Visa, Mastercard Combined in 2024

Stablecoins’ supply saw explosive growth, rising by over 59% throughout the year and peaking at $200 billion in September.

Curve Finance Considers Dropping TrueUSD from Collateral List

Altcoin News, Cryptocurrency News, News

By Bena Ilyas Sep 26, 2024

The proposal suggests reducing TUSD’s collateral backing to zero, effectively ending its support for crvUSD if approved.

Binance to Delist Key BTC and USDT Margin Pairs: What Traders Need to Know

Binance News, Cryptocurrency News, News

By Mayowa Adebajo Jul 11, 2024

By announcing ahead of time, Binance hopes that it has given users the needed opportunity to adjust their positions and trading strategies accordingly.

Altcoin News, Cryptocurrency News, News

Uphold Delists Several Stablecoins Ahead of EU’s Landmark Crypto Regulation

By Mayowa Adebajo Jun 18, 2024

Uphold’s announcement follows similar actions from other popular exchanges, including Binance, Kraken, OKX, and others.

Altcoin News, Cryptocurrency News, News

TrueUSD (TUSD) Releases Monthly Recap with Notable Adoption in Web3 Space

By Steve Muchoki Jun 3, 2024

The TrueUSD stablecoin is natively available on four chains – Ethereum, BSC, Tron, and Avalanche – with all others available in wrapped versions.

Binance News, Cryptocurrency News, News

Binance Futures to Remove XRP and TUSD as Margin Assets, Converting to USDT

By Temitope Olatunji May 14, 2024

The announcement by Binance to stop supporting XRP could have some negative sentiment on the coin as various speculations about the possible reasons are expected to start flying.

Altcoin News, Cryptocurrency News, News

KuCoin Report: USDT Issuance Dominates Stablecoin Market with $2.79B in February

By Godfrey Benjamin Mar 12, 2024

Beyond stablecoins, the report also touches upon the sentiment within the crypto market, noting that the fear and greed index entered the “extreme greed” territory in late February.

Altcoin News, Cryptocurrency News, News

TrueUSD Stablecoin Continues to Depeg as Holders Flees to USDT

By Chimamanda U. Martha Jan 18, 2024

The significant outflow could be attributed to TrueUSD’s January 10 report, where the company informed users about a full upgrade to their fiat reserve audit system in collaboration with the Hong Kong-based accounting firm MooreHK.

Binance News, Cryptocurrency News, News

Binance Launchpool Announces Xai (XAI) as 43rd Project

By Godfrey Benjamin Jan 3, 2024

The introduction of XAI comes at a time when Binance is experiencing remarkable growth. At the end of 2023, Binance reported a staggering addition of 40 million new users, marking a 30% increase from the previous year.

Altcoin News, Blockchain News, Cryptocurrency News, News

S&P Global Ratings Launches Stablecoin Assessment, Slams Tether’s USDT with Negative Review

By Mayowa Adebajo Dec 13, 2023

S&P Global Ratings senior analyst Lapo Guadagnuolo believes that the growth of stablecoins does not mean that they are immune to risk factors.

Blockchain News, Cryptocurrency News, News

Justin Sun Reports Group’s Q3 2023 Revenue

By Babafemi Adebajo Oct 27, 2023

Despite the impressive Q3 2023 performance, Sun acknowledged that the quarter was tough on the industry because of the Federal Reserve’s high interest rates and the declining industry’s revenue.

Blockchain News, Cryptocurrency News, News

Hong Kong Officials Warn Investors to Stay Away from Retail Stablecoins since They Are Unregulated

By Steve Muchoki Oct 6, 2023

The Hong Kong Monetary Authority (HKMA) recently completed a public consultation on stablecoins regulations.

Altcoin News, Blockchain News, Cryptocurrency News, News

TrueUSD (TUSD) Remains Unaffected by Prime Trust Suspension of Deposits and Withdrawals

By Steve Muchoki Jun 23, 2023

The TUSD stablecoins issuer confirmed to the users that it had no exposure to Prime Trust and that all funds are safe.

Press Release

Crypto Innovations: Exploring Binance, Signuptoken.com, and the DeFi Liquidity Revolution

By Kseniia Klichova May 26, 2023

The crypto market and the players, blockchains, and tools involved within it never stop innovating and evolving just like us mere mortals.

Altcoin News, Cryptocurrency News, News

WazirX Announce USDC Delisting, Auto-Converting to BUSD

By Mercy Tukiya Mutanya Sep 20, 2022

This delisting comes two weeks after global crypto exchange Binance announced its plans to delist USDC.