#tusd — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #tusd, aggregated by home.social.
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Trailer to an Extraordinary Message #abilities #AUTISMACCEPTANCE #nmusd #hbusd #tusd #iusd… https://ift.tt/DBUHfKw
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Trailer to an Extraordinary Message #abilities #AUTISMACCEPTANCE #nmusd #hbusd #tusd #iusd… https://ift.tt/DBUHfKw
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@GhostOnTheHalfShell @wackJackle some of the stablecoins are definitely shell games that are (probably) unbacked. others have been proven to be unbacked at various times (e.g. Tether). the worst of the worst are the algorithmic stablecoins that claim to be backed by an algorithm but that always and every time collapse (most spectacularly with the $40 billion collapse of Terra/Luna in May 2022).
#JustinSun's #TUSD is a good example; the whole crypto market was supported by #TUSD during the "crypto winter" that turned out to be backed by extremely dodgy offshore financial instruments with nothing resembling a stable value.
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@GhostOnTheHalfShell @wackJackle some of the stablecoins are definitely shell games that are (probably) unbacked. others have been proven to be unbacked at various times (e.g. Tether). the worst of the worst are the algorithmic stablecoins that claim to be backed by an algorithm but that always and every time collapse (most spectacularly with the $40 billion collapse of Terra/Luna in May 2022).
#JustinSun's #TUSD is a good example; the whole crypto market was supported by #TUSD during the "crypto winter" that turned out to be backed by extremely dodgy offshore financial instruments with nothing resembling a stable value.
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@GhostOnTheHalfShell @wackJackle some of the stablecoins are definitely shell games that are (probably) unbacked. others have been proven to be unbacked at various times (e.g. Tether). the worst of the worst are the algorithmic stablecoins that claim to be backed by an algorithm but that always and every time collapse (most spectacularly with the $40 billion collapse of Terra/Luna in May 2022).
#JustinSun's #TUSD is a good example; the whole crypto market was supported by #TUSD during the "crypto winter" that turned out to be backed by extremely dodgy offshore financial instruments with nothing resembling a stable value.
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@GhostOnTheHalfShell @wackJackle some of the stablecoins are definitely shell games that are (probably) unbacked. others have been proven to be unbacked at various times (e.g. Tether). the worst of the worst are the algorithmic stablecoins that claim to be backed by an algorithm but that always and every time collapse (most spectacularly with the $40 billion collapse of Terra/Luna in May 2022).
#JustinSun's #TUSD is a good example; the whole crypto market was supported by #TUSD during the "crypto winter" that turned out to be backed by extremely dodgy offshore financial instruments with nothing resembling a stable value.
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@GhostOnTheHalfShell @wackJackle some of the stablecoins are definitely shell games that are (probably) unbacked. others have been proven to be unbacked at various times (e.g. Tether). the worst of the worst are the algorithmic stablecoins that claim to be backed by an algorithm but that always and every time collapse (most spectacularly with the $40 billion collapse of Terra/Luna in May 2022).
#JustinSun's #TUSD is a good example; the whole crypto market was supported by #TUSD during the "crypto winter" that turned out to be backed by extremely dodgy offshore financial instruments with nothing resembling a stable value.
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Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement - Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TU... - https://news.bitcoin.com/curve-finance-proposal-eyes-reducing-tusd-exposure-after-sec-settlement/ #wormholeoracle #curve.finance #seccharges #stablecoin #trusttoken #pegkeeper #truecoin #crvusd #defi #tusd #usdm
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Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement - Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TU... - https://news.bitcoin.com/curve-finance-proposal-eyes-reducing-tusd-exposure-after-sec-settlement/ #wormholeoracle #curve.finance #seccharges #stablecoin #trusttoken #pegkeeper #truecoin #crvusd #defi #tusd #usdm
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Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement - Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TU... - https://news.bitcoin.com/curve-finance-proposal-eyes-reducing-tusd-exposure-after-sec-settlement/ #wormholeoracle #curve.finance #seccharges #stablecoin #trusttoken #pegkeeper #truecoin #crvusd #defi #tusd #usdm
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Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement - Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TU... - https://news.bitcoin.com/curve-finance-proposal-eyes-reducing-tusd-exposure-after-sec-settlement/ #wormholeoracle #curve.finance #seccharges #stablecoin #trusttoken #pegkeeper #truecoin #crvusd #defi #tusd #usdm
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Curve mulls dropping TUSD as crvUSD backing after SEC charges - The regulator alleged TUSD was 99% backed by a risky offshore fund, rais... - https://cointelegraph.com/news/curve-mulls-dropping-tusd-stablecoin-backing-after-sec-charge #trusttoken #pegkeeper #truecoin #crvusd #curve #tusd #defi #sec
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Curve mulls dropping TUSD as crvUSD backing after SEC charges - The regulator alleged TUSD was 99% backed by a risky offshore fund, rais... - https://cointelegraph.com/news/curve-mulls-dropping-tusd-stablecoin-backing-after-sec-charge #trusttoken #pegkeeper #truecoin #crvusd #curve #tusd #defi #sec
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Curve mulls dropping TUSD as crvUSD backing after SEC charges - The regulator alleged TUSD was 99% backed by a risky offshore fund, rais... - https://cointelegraph.com/news/curve-mulls-dropping-tusd-stablecoin-backing-after-sec-charge #trusttoken #pegkeeper #truecoin #crvusd #curve #tusd #defi #sec
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Curve mulls dropping TUSD as crvUSD backing after SEC charges - The regulator alleged TUSD was 99% backed by a risky offshore fund, rais... - https://cointelegraph.com/news/curve-mulls-dropping-tusd-stablecoin-backing-after-sec-charge #trusttoken #pegkeeper #truecoin #crvusd #curve #tusd #defi #sec
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Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD Claims - The U.S. Securities and Exchange Commission (SEC) announced settled charges agains... - https://news.bitcoin.com/trusttoken-truecoin-settle-sec-charges-over-misleading-tusd-claims/ #unregisteredsecurities #investorrisk #cryptofraud #regulation #settlement #stablecoin #trusttoken #truecoin #truefi #tusd #sec
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Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD Claims - The U.S. Securities and Exchange Commission (SEC) announced settled charges agains... - https://news.bitcoin.com/trusttoken-truecoin-settle-sec-charges-over-misleading-tusd-claims/ #unregisteredsecurities #investorrisk #cryptofraud #regulation #settlement #stablecoin #trusttoken #truecoin #truefi #tusd #sec
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Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD Claims - The U.S. Securities and Exchange Commission (SEC) announced settled charges agains... - https://news.bitcoin.com/trusttoken-truecoin-settle-sec-charges-over-misleading-tusd-claims/ #unregisteredsecurities #investorrisk #cryptofraud #regulation #settlement #stablecoin #trusttoken #truecoin #truefi #tusd #sec
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Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD Claims - The U.S. Securities and Exchange Commission (SEC) announced settled charges agains... - https://news.bitcoin.com/trusttoken-truecoin-settle-sec-charges-over-misleading-tusd-claims/ #unregisteredsecurities #investorrisk #cryptofraud #regulation #settlement #stablecoin #trusttoken #truecoin #truefi #tusd #sec
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American #SEC has filed suit against #TrueUSD / #TrustToken arguing that its reserves consisted of 99% illiquid offshore assets and it became unbacked by actual dollars ca. 2022.
While most people outside of #crypto have never heard of TrueUSD's token #TUSD (a competitor to #Tether's #USDT; see my pinned toot) it's worth understanding that TUSD was for most of a year the single most important #stablecoin and the one that was responsible for the *vast* majority of #bitcoin trades on by far the largest crypto marketplace, #Binance. The company is also rumored to be owned by the sketchiest guy in crypto, #JustinSun.
Put another way: the price of #Bitcoin was measured in TUSD, not real USD for most of last year. (Now it's measured mostly in an even sketchier stablecoin #FDUSD.)
link: https://www.sec.gov/files/litigation/complaints/2024/comp-pr2024-145.pdf
#Uspol #uspolitics #finance #markets #stockmarket #btc #garygensler #justinSun
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American #SEC has filed suit against #TrueUSD / #TrustToken arguing that its reserves consisted of 99% illiquid offshore assets and it became unbacked by actual dollars ca. 2022.
While most people outside of #crypto have never heard of TrueUSD's token #TUSD (a competitor to #Tether's #USDT; see my pinned toot) it's worth understanding that TUSD was for most of a year the single most important #stablecoin and the one that was responsible for the *vast* majority of #bitcoin trades on by far the largest crypto marketplace, #Binance. The company is also rumored to be owned by the sketchiest guy in crypto, #JustinSun.
Put another way: the price of #Bitcoin was measured in TUSD, not real USD for most of last year. (Now it's measured mostly in an even sketchier stablecoin #FDUSD.)
link: https://www.sec.gov/files/litigation/complaints/2024/comp-pr2024-145.pdf
#Uspol #uspolitics #finance #markets #stockmarket #btc #garygensler #justinSun
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American #SEC has filed suit against #TrueUSD / #TrustToken arguing that its reserves consisted of 99% illiquid offshore assets and it became unbacked by actual dollars ca. 2022.
While most people outside of #crypto have never heard of TrueUSD's token #TUSD (a competitor to #Tether's #USDT; see my pinned toot) it's worth understanding that TUSD was for most of a year the single most important #stablecoin and the one that was responsible for the *vast* majority of #bitcoin trades on by far the largest crypto marketplace, #Binance. The company is also rumored to be owned by the sketchiest guy in crypto, #JustinSun.
Put another way: the price of #Bitcoin was measured in TUSD, not real USD for most of last year. (Now it's measured mostly in an even sketchier stablecoin #FDUSD.)
link: https://www.sec.gov/files/litigation/complaints/2024/comp-pr2024-145.pdf
#Uspol #uspolitics #finance #markets #stockmarket #btc #garygensler #justinSun
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American #SEC has filed suit against #TrueUSD / #TrustToken arguing that its reserves consisted of 99% illiquid offshore assets and it became unbacked by actual dollars ca. 2022.
While most people outside of #crypto have never heard of TrueUSD's token #TUSD (a competitor to #Tether's #USDT; see my pinned toot) it's worth understanding that TUSD was for most of a year the single most important #stablecoin and the one that was responsible for the *vast* majority of #bitcoin trades on by far the largest crypto marketplace, #Binance. The company is also rumored to be owned by the sketchiest guy in crypto, #JustinSun.
Put another way: the price of #Bitcoin was measured in TUSD, not real USD for most of last year. (Now it's measured mostly in an even sketchier stablecoin #FDUSD.)
link: https://www.sec.gov/files/litigation/complaints/2024/comp-pr2024-145.pdf
#Uspol #uspolitics #finance #markets #stockmarket #btc #garygensler #justinSun
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American #SEC has filed suit against #TrueUSD / #TrustToken arguing that its reserves consisted of 99% illiquid offshore assets and it became unbacked by actual dollars ca. 2022.
While most people outside of #crypto have never heard of TrueUSD's token #TUSD (a competitor to #Tether's #USDT; see my pinned toot) it's worth understanding that TUSD was for most of a year the single most important #stablecoin and the one that was responsible for the *vast* majority of #bitcoin trades on by far the largest crypto marketplace, #Binance. The company is also rumored to be owned by the sketchiest guy in crypto, #JustinSun.
Put another way: the price of #Bitcoin was measured in TUSD, not real USD for most of last year. (Now it's measured mostly in an even sketchier stablecoin #FDUSD.)
link: https://www.sec.gov/files/litigation/complaints/2024/comp-pr2024-145.pdf
#Uspol #uspolitics #finance #markets #stockmarket #btc #garygensler #justinSun
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SEC settles charges against TrueCoin, TrustToken over TrueUSD - The securities regulator claims the token is undercollateralized and its... - https://cointelegraph.com/news/sec-settles-truecoin-trusttoken-trueusd-fraud #investmentcontracts #unregisteredsales #cryptoregulation #stablecoinfraud #secsettlement #trusttoken #truecoin #trueusd #truefi #tusd #sec
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SEC settles charges against TrueCoin, TrustToken over TrueUSD - The securities regulator claims the token is undercollateralized and its... - https://cointelegraph.com/news/sec-settles-truecoin-trusttoken-trueusd-fraud #investmentcontracts #unregisteredsales #cryptoregulation #stablecoinfraud #secsettlement #trusttoken #truecoin #trueusd #truefi #tusd #sec
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SEC settles charges against TrueCoin, TrustToken over TrueUSD - The securities regulator claims the token is undercollateralized and its... - https://cointelegraph.com/news/sec-settles-truecoin-trusttoken-trueusd-fraud #investmentcontracts #unregisteredsales #cryptoregulation #stablecoinfraud #secsettlement #trusttoken #truecoin #trueusd #truefi #tusd #sec
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SEC settles charges against TrueCoin, TrustToken over TrueUSD - The securities regulator claims the token is undercollateralized and its... - https://cointelegraph.com/news/sec-settles-truecoin-trusttoken-trueusd-fraud #investmentcontracts #unregisteredsales #cryptoregulation #stablecoinfraud #secsettlement #trusttoken #truecoin #trueusd #truefi #tusd #sec
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Market Capitalization and Adoption: of USDT vs TUSD https://visualmodo.com/market-capitalization-and-adoption-of-usdt-vs-tusd/ 🪙💡🤑 #Market #Capitalization #Adoption #USDT #TUSD #Crypto
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Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound - According to current market prices, the synthetix usd (SUSD) stablecoin has fallen... - https://news.bitcoin.com/synthetix-stablecoin-susd-drops-below-1-parity-struggles-to-rebound/ #stablecoinrankings #synthetixusd(susd) #stablecoingrades #stablecoins #synthetix #altcoins #bluechip #depegged #depeg #susd #tusd #usdd #ust
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Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound - According to current market prices, the synthetix usd (SUSD) stablecoin has fallen... - https://news.bitcoin.com/synthetix-stablecoin-susd-drops-below-1-parity-struggles-to-rebound/ #stablecoinrankings #synthetixusd(susd) #stablecoingrades #stablecoins #synthetix #altcoins #bluechip #depegged #depeg #susd #tusd #usdd #ust
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Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound - According to current market prices, the synthetix usd (SUSD) stablecoin has fallen... - https://news.bitcoin.com/synthetix-stablecoin-susd-drops-below-1-parity-struggles-to-rebound/ #stablecoinrankings #synthetixusd(susd) #stablecoingrades #stablecoins #synthetix #altcoins #bluechip #depegged #depeg #susd #tusd #usdd #ust
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Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound - According to current market prices, the synthetix usd (SUSD) stablecoin has fallen... - https://news.bitcoin.com/synthetix-stablecoin-susd-drops-below-1-parity-struggles-to-rebound/ #stablecoinrankings #synthetixusd(susd) #stablecoingrades #stablecoins #synthetix #altcoins #bluechip #depegged #depeg #susd #tusd #usdd #ust
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TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins - Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease i... - https://news.bitcoin.com/tusds-supply-halves-as-it-drops-to-8th-rank-among-stablecoins/ #firstdigitaltrust #cryptocurrency #stablecoins #altcoins #ethereum #trueusd #crypto #tron #tusd
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TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins - Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease i... - https://news.bitcoin.com/tusds-supply-halves-as-it-drops-to-8th-rank-among-stablecoins/ #firstdigitaltrust #cryptocurrency #stablecoins #altcoins #ethereum #trueusd #crypto #tron #tusd
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TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins - Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease i... - https://news.bitcoin.com/tusds-supply-halves-as-it-drops-to-8th-rank-among-stablecoins/ #firstdigitaltrust #cryptocurrency #stablecoins #altcoins #ethereum #trueusd #crypto #tron #tusd
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TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins - Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease i... - https://news.bitcoin.com/tusds-supply-halves-as-it-drops-to-8th-rank-among-stablecoins/ #firstdigitaltrust #cryptocurrency #stablecoins #altcoins #ethereum #trueusd #crypto #tron #tusd
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Stablecoin TUSD Remains Below Intended $1 Peg as Avara’s GHO Surges to Near-Peg Heights - Market analysis reveals ongoing stability challenges for the stablecoin trueusd in... - https://news.bitcoin.com/stablecoin-tusd-remains-below-intended-1-peg-as-avaras-gho-surges-to-near-peg-heights/ #cryptocurrency #stablecoins #altcoins #binance #trueusd #crypto #avara #depeg #aave #tusd #gho
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Stablecoin TUSD Remains Below Intended $1 Peg as Avara’s GHO Surges to Near-Peg Heights - Market analysis reveals ongoing stability challenges for the stablecoin trueusd in... - https://news.bitcoin.com/stablecoin-tusd-remains-below-intended-1-peg-as-avaras-gho-surges-to-near-peg-heights/ #cryptocurrency #stablecoins #altcoins #binance #trueusd #crypto #avara #depeg #aave #tusd #gho
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Stablecoin TUSD Remains Below Intended $1 Peg as Avara’s GHO Surges to Near-Peg Heights - Market analysis reveals ongoing stability challenges for the stablecoin trueusd in... - https://news.bitcoin.com/stablecoin-tusd-remains-below-intended-1-peg-as-avaras-gho-surges-to-near-peg-heights/ #cryptocurrency #stablecoins #altcoins #binance #trueusd #crypto #avara #depeg #aave #tusd #gho
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Stablecoin TUSD Remains Below Intended $1 Peg as Avara’s GHO Surges to Near-Peg Heights - Market analysis reveals ongoing stability challenges for the stablecoin trueusd in... - https://news.bitcoin.com/stablecoin-tusd-remains-below-intended-1-peg-as-avaras-gho-surges-to-near-peg-heights/ #cryptocurrency #stablecoins #altcoins #binance #trueusd #crypto #avara #depeg #aave #tusd #gho
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TrueUSD se tambalea hacia la paridad de $1 en medio de problemas de reembolso reportados
#TUSD bajó hasta 96 centavos, ya que los datos de Binance muestran que los comerciantes aparentemente vendieron más de $300 millones.
https://x.com/ismeidy/status/1747968935561986346?s=20 -
TrueUSD Wobbles Towards $1 Peg Amid Reported Redemption Issues - TUSD went as low as 96 cents as Binance data shows traders apparently sold over $300 mill... - https://www.coindesk.com/markets/2024/01/18/trueusd-wobbles-towards-1-peg-amid-reported-redemption-issues/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #stablecoin #justinsun #markets #news #tusd
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TrueUSD Wobbles Towards $1 Peg Amid Reported Redemption Issues - TUSD went as low as 96 cents as Binance data shows traders apparently sold over $300 mill... - https://www.coindesk.com/markets/2024/01/18/trueusd-wobbles-towards-1-peg-amid-reported-redemption-issues/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #stablecoin #justinsun #markets #news #tusd
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TrueUSD Wobbles Towards $1 Peg Amid Reported Redemption Issues - TUSD went as low as 96 cents as Binance data shows traders apparently sold over $300 mill... - https://www.coindesk.com/markets/2024/01/18/trueusd-wobbles-towards-1-peg-amid-reported-redemption-issues/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #stablecoin #justinsun #markets #news #tusd
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TrueUSD Wobbles Towards $1 Peg Amid Reported Redemption Issues - TUSD went as low as 96 cents as Binance data shows traders apparently sold over $300 mill... - https://www.coindesk.com/markets/2024/01/18/trueusd-wobbles-towards-1-peg-amid-reported-redemption-issues/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #stablecoin #justinsun #markets #news #tusd
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TUSD Says Recent Depegging is Related to Binance Launchpool Activities - TrueUSD (TUSD) has clarified that the recent depegging of its value from the US dollar is... - https://cryptonews.com/news/tusd-says-recent-depegging-is-related-to-binance-launchpool-activities.htm #altcoinnews #stablecoin #tusd
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TUSD Says Recent Depegging is Related to Binance Launchpool Activities - TrueUSD (TUSD) has clarified that the recent depegging of its value from the US dollar is... - https://cryptonews.com/news/tusd-says-recent-depegging-is-related-to-binance-launchpool-activities.htm #altcoinnews #stablecoin #tusd
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TUSD Says Recent Depegging is Related to Binance Launchpool Activities - TrueUSD (TUSD) has clarified that the recent depegging of its value from the US dollar is... - https://cryptonews.com/news/tusd-says-recent-depegging-is-related-to-binance-launchpool-activities.htm #altcoinnews #stablecoin #tusd
