TrueUSD stops minting through Prime Belief, loses greenback peg

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The stablecoin TruedUSD () barely misplaced its greenback peg early within the morning of June 10 following the suspension of minting exercise by its expertise accomplice Prime Belief.

The fifth-largest stablecoin by market cap traded at $0.9964 at its lowest level. in keeping with Submitted to CoinMarketCap, its worth is $0.9981 on the time of this writing. In accordance with LedgerLens knowledge, TUSD at present has $2.04 billion in provide and $2.08 billion in collateral. present.

TUSD worth for the final 12 months. Supply: CoinMarketCap

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