Meanwhile, the TrueUSD (TUSD) stablecoin has become the fifth-largest stablecoin by market capitalization after Binance turned its attention to the coin, minting around $150 million worth of TUSD since Monday, February 27.
After witnessing the influx of TUSD, the price of TrueFiâs $TRU token rose from $0.064 to peak at $0.114 in 24 hours on Monday, February 27. However, investors buying up $TRU, believing it to be linked to TUSD, are mistaken as the two projects split in June 2022.
One-week market cap chart for TUSD. Source: CoinGecko…
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Source: Cryptocurrency - investing.com
