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TrueUSD Loses Its $1 Peg đȘ TrueUSD (TUSD) experienced some price turbulence over the last 24. One of the top 10 stablecoins lost its dollar peg - dipping as low as $0.984 during frantic overnight trading. A rare sight for a major fiat proxy! Most price punishment came on Binance order books amidst a deluge of TUSD sell orders. On-chain data spotted net outflows of over $130 million suggesting investors dumped en masse into BTC and other cryptos.
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