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$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 #TradeNTell

$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

#TradeNTell

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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$TUSD The new system will include detailed information on reserve funds held by its financial partners. Despite the deployment of the new system, the price of TUSD dropped to $0.97 on January 18. Another news is that TUSD is decoupled, and Brother Sun (the founder of TRON) is the main rescue force. He transferred about 60 million US dollars to Binance and purchased millions of TUSD, so it is speculated that TUSD is related to Brother Sun. Judging from the rumors on the Internet, Brother Sun is also nicknamed Sun Ge in the currency circle. For institutions, this is not a good signal, but will have a negati impact. #TradeNTell
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