Shocking news!
Sun Yuchen's team made a mysterious move!
TUSD's fate hangs in the balance!
175.7 million TUSD were secretly transferred!
Just an hour ago, Justin Sun's team made a big move. They transferred all the last 175.7 million TUSD in their hands to HTX!
This is not a small amount. Think about it. In the past two days, they have transferred a full 392.3 million TUSD to HTX!
EmberCN couldn't help but speak out, saying that the stablecoin TUSD is now almost "in name only".
Why? There are only 495.5 million in circulation, and Justin Sun's team has 394.3 million in their hands. That's not all. Now they have all been transferred to HTX.
You say, other trading platforms, DeFi protocols, and on-chain addresses combined only got 101 million TUSD, of which Binance trading platform only had 16.51 million.
The fate of TUSD seems to be firmly in the hands of Justin Sun's team!
As a cryptocurrency that should maintain a stable value, the circulation of TUSD is so heavily controlled by a single team, which undoubtedly weakens its credibility and market acceptance as a stable currency.
This situation may lead to a decline in the trust of other market participants in TUSD, which in turn affects its widespread use in the market.
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