TUSD
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Sun Yuchen: Team members unintentionally used a portion of TUSD to participate in redemption activities, and have contacted the team for a full refund
According to reports, Sun Yuchen responded to Zhao Changpeng on Twitter that as a partner market maker of TUSD, TRON DAO Venture\’s main purpose of depositing into TUSD is to promot
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Sun Yuchen Responds to Zhao Changpeng’s Concerns About TUSD Market Making
According to reports, Sun Yuchen responded to Zhao Changpeng on Twitter that as a partner market maker of TUSD, TRON DAO Venture\’s main purpose of depositing into TUSD is to promot
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Venus Lending Agreement: Investigating the Soaring Annual Interest Rates of BNB and TUSD Loans
On May 1st, it was reported that the annual interest rates of BNB and TUSD loans under the BNB on chain lending agreement Venus have soared to 153.28% and 71.29% respectively, with
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Loan Interest Rates of BNB and TUSD Spike on Venus On-Chain Lending Agreement
On May 1st, it was reported that the annual interest rates of BNB and TUSD loans under the BNB on chain lending agreement Venus have soared to 153.28% and 71.29% respectively, with
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The Rise of TUSD and the Decline of USDT in Coin An’s BTC Trading Pairs
On April 16th, Kaiko data showed that the BTC-TUSD and BTC-USDT trading pairs of Coin An saw TUSD\’s market share rise to 49%, almost equal to Tether\’s USDT. However, the growth of
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BTC-TUSD Market Share Up to 49% on Coin An: Is TUSD Gaining Ground on USDT?
According to reports, in the BTC-TUSD and BTC-USDT trading pairs on Coin An, TUSD\’s market share has increased to 49%, almost equal to USDT. Kara Medalie, head of research at Kaiko
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Binance Launches Its 32nd New Currency Mining Project with BNB and TUSD to Mine Radiant Capital (RDNT)
On March 30th, according to official news, Binance launched its 32nd issue of new currency mining, using BNB and TUSD to mine Radiant Capital (RDNT). Users can invest BNB and TUSD
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Launch of New Transaction Pairs by Coin On: A Comprehensive Overview
On March 28th, according to an official announcement, Coin On announced that it would launch LDO/TUSD, MATIC/TUSD, OP/TUSD, SOL/TUSD, SSV/TUSD, and XRP/TUSD transaction pairs at 16
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Binance’s Measures to Protect its Users’ Assets
On March 17th, Binance announced that it had converted the BUSD held in the User Security Asset Fund (SAFU) into TUSD and USDT to ensure long-term protection of users in the event of a continuous decline in the BUSD market. Binance stated that SAFU funds will be closely monitored to ensure their capital adequacy, and when necessary, use Binance’s own funds to regularly replenish funds. Coin An converts the BUSD in the SAFU fund into TUSD and USDT Analysis based on this information:On March 17th, Binance made an announcement regarding its User Security Asset Fund (SAFU). The company disclosed that it had converted the amount of BUSD held in the fund into TUSD and USDT. This decision was taken with the aim to provide long-term protection to the users’ funds in the event of a possible decline in the BUSD market. BUSD is a stablecoin that is pegged to the US dollar, and it is issued by the Paxos Trust…
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Coin Security Contract Introduces TUSD and USDP as Joint Margin Assets
On March 16th, according to an official announcement, from 16:00 (Eastern Eighth Zone Time) on March 20th, the Coin Security Contract joint margin model will support TUSD and USDP as joint margin assets, and adjust the maximum transferable amounts of ADA, DOT, and SOL in the joint margin model to zero. The joint margin model of Coin Security Contract will support TUSD and USDP Analysis based on this information:Coin Security Contract has made an official announcement that from March 16th, the joint margin model will support TUSD and USDP as joint margin assets. This move is aimed at providing more flexibility and diversifying the assets available for margin trading. TUSD and USDP are both stablecoins that are pegged to the US Dollar, which means that traders can hold both assets without worrying about price fluctuations. The introduction of TUSD and USDP as joint margin assets also implies that traders can now use them as collateral for leverage trading. This means…
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CZ’s Response to the TRU Surge
On March 15th, CZ responded to the surge in TRU (TrueFi) after the release of TUSD related announcements. TRU should have nothing to do with TUSD. CZ: TRU is not related to TUSD Analysis based on this information:On March 15th, 2021, Changpeng Zhao, also known as CZ, the CEO of Binance, responded to the sudden surge in the value of TrueFi (TRU) following the release of announcements related to TrueUSD (TUSD). In his response, CZ emphasized that there was no direct correlation between TRU and TUSD and that TRU investors should not base their decisions on TUSD-related news. TrueFi is a decentralized lending platform that allows users to borrow and lend cryptocurrencies without the need for intermediaries. It uses algorithms to determine the borrower’s creditworthiness and sets the interest rates accordingly. TrueUSD, on the other hand, is a stablecoin, i.e., a cryptocurrency pegged to the value of the US dollar. TrueUSD facilitates transactions on various cryptocurrency exchanges and other platforms….
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Coin Safety Transfers Zero Fee Bitcoin Transaction from BUSD to TUSD
According to reports, the CEO of Coin Safety said that in view of recent events, they are transferring the zero fee BTC transaction from BUSD to TUSD. CEO of Coin Security: Transferring zero fee BTC transactions from BUSD to TUSD Analysis based on this information:The cryptocurrency market has been abuzz with news of the transfer of zero fee Bitcoin transactions from BUSD to TUSD by Coin Safety. This announcement was made by the company’s CEO, in response to recent events that have occurred in the crypto world. This has caused a stir among crypto enthusiasts as they try to decipher the reason behind this move and what it means for the future of Bitcoin transactions on these platforms. Coin Safety is a leading cryptocurrency exchange, known for providing enhanced security measures for digital asset transactions. Its decision to move zero fees BTC transactions from BUSD to TUSD has caused a lot of confusion among the crypto community. However, Coin Safety…
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The Unknown Wallet’s Large Transfer of TUSD
According to the report, Whale Alert data shows that the unknown wallet has cast 300000 TUSD (worth 298579200 US dollars). Unknown wallet has cast 300 million TUSD Analysis based on this information:Whale Alert, a blockchain tracker and analytics tool, reported on a significant transfer of TUSD (TrueUSD) from an unknown wallet. The report revealed that the unknown wallet cast 300000 TUSD worth 298579200 US dollars. This event raises many questions for investors and crypto enthusiasts. Firstly, the identity of the unknown wallet remains a mystery. It is unclear who the owner of the wallet is, which makes it difficult to determine the purpose of the transfer. The anonymous nature of cryptocurrency transactions always raises concerns about the potential for illegal activity, such as money laundering or funding terrorism. Secondly, the fact that such a large quantity of TUSD was moved at once raises eyebrows. Any significant movement of cryptocurrencies creates a ripple effect in the market. Such transactions could cause…
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Binance expands its trading pairs and discontinues BUSD automatic exchange service
On March 11, according to the latest announcement, Binance announced that it would open BNB/TUSD, BTC/TUSD, ETH/TUSD, TUSD/USDT, USDC/USDT and USDP/USDT spot t…
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Convex Finance Goes Live on Polygon for Seamless Pledging and Liquidity Mining
On March 9, the CRV Pledge and Liquidity Mining one-stop platform Convex Finance announced that it was online in Polygon. The process of providing liquidity an…
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TUSD Reserves in Binance Surpass $1 Billion
On March 7, according to Nansen data, TUSD in Binance\’s asset reserves has reached 1.029 billion US dollars, accounting for 1.72% of the total reserves. TUSD r…
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Binance Boosts TUSD Growth with $130 Million Injection
On March 1, CZ said in its response to the data analysis on its social platform that \”in the past seven days, Binance has minted TUSD with a value of 130 milli…