$TUSD Whoosh! TrueUSD (TUSD) took a wild ride, dropping to $0.984 on Jan 15, with traders selling $339M worth on Binance within 24 hours! Some X users think it's due to TUSD's exclusion from Binance's Manta launch pool initiative.
But fear not, TUSD fans! The team upgraded their fiat reserve audit system, enlisting Moore Hong Kong for daily attestations. Michelle Chu from Moore Hong Kong says they'll work with The Network Firm to ensure TUSD users can monitor reserve stability.
Despite the price dropping to $0.97 on Jan 18, it's now hovering around $0.99. So, will TUSD's efforts restore confidence and stability? Let's discuss in the comments! #DeFi #Web3 #Technology
