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Aave suspends TUSD reserves on its platform as it takes strict measures to safeguard users. However, activity on the protocol continues to decline.

A community proposal on Aave wants to freeze the True USD (TUSD) reserve on the Aave V2 Ethereum pool. The stablecoin has recently faced increased issues over its ownership structure.

Digital currency has long promised a realm of transparency and accountability, but as Professor and IT executive Adam Cochran delved into the intricate web of connections linking the digital asset TUSD to Justin Sun, it became clear that the picture was far from black and white.

With short interest mounting, traders say they're parsing liquidity, as well as pricing, on the stablecoin True USD.

The team that once worked with Sam Bankman-Fried on the books for FTX.US completed the attestation of troubled stablecoin TrueUSD's Proof of Reserves.

The TrueUSD team touts its high trading activity while holders fret over troubles at custodian Prime Trust.

TrueUSD (TUSD), a stablecoin pegged to the US dollar, has seen a significant drop in its value compared to tether (USDT) on Binance.US, the American branch of the global cryptocurrency exchange, Binance.

Former members of the now-defunct FTX.US accounting team, now operating as The Network Firm, have conducted the attestation of TrueUSD's proof-of-reserves (PoR) as the stablecoin seeks to regain stability following a brief de-pegging incident.

The stablecoin TrueUSD (TUSD) has yet again surrounded itself with controversy resulting in a depeg on the Binance.US exchange.

The TUSD market is in the red turf. TrueUSD (TUSD), a dollar-pegged stablecoin, is trading at a discount to its counterpart tether (USDT) on Binance.US, Binance's US subsidiary.

The dollar-pegged stablecoin TrueUSD (TUSD) is currently trading at a lower value compared to its counterpart tether (USDT) on Binance.US, the U.S. subsidiary of Binance. Data from the charting platform TradingView shows that the TUSD/USDT pair is trading at 89 cents on Binance.US, reaching a low of 80 cents on Wednesday.

While TrueUSD (TUSD) denies its exposure to crypto custodian Prime Trust, it has depegged for the second time this month. Prime Trust was placed into receivership on Tuesday after rival BitGo called off its bid to acquire Prime Trust.

TrueUSD's endorsement news causes a negative impact, trading at a disadvantage compared to Tether on Binance.US.

TUSD trades at a discount versus Tether as former FTX provider Armanino's rebranded outlet The Network Firm's association with TrueUSD raises alarm bells on Crypto Twitter.

Armanino's digital asset team rebranded itself to The Network Firm, as CoinDesk reported, to continue performing audits and attestations after the collapse of FTX.

The stablecoin issuer said last week that it had “no exposure” to the failed crypto custodian Prime Trust.

TrustToken's recent decision to temporarily suspend mints and redemptions of its stablecoin, TrueUSD (TUSD), through its banking partner, Prime Trust, has created a window of opportunity for astute Ethereum traders to capitalize on the situation. Leveraging on-chain data and the lending platform Aave's v2, one trader strategically utilized their collateral to borrow and sell TUSD, establishing a short position on the asset.

Traders are attempting to short the TUSD stablecoin amidst reports of the stablecoin issuer's connection with crypto custodian Prime Trust. The TrueUSD issuer has stated that it does not have any exposure to Prime Trust, having announced earlier in the month that it had stopped mints and redemptions through the crypto custodian.

The recent surge in Bitcoin's price has captured the crypto community's attention, sparking discussions about the driving forces behind this rally. While theories point to factors like Blackrock's ETF and short squeezes, emerging data suggest that TrueUSD (TUSD), a stablecoin, may have significantly boosted Bitcoin's upward momentum.

Recently, a trader has made a strategic move by opening an on-chain short position on TrueUSD (TUSD), a stablecoin. This decision came after the issuer faced challenges with its banking partner, Prime Trust, which led to the suspension of mints and redemptions.

An Ethereum user used Aave's v2 lending platform by depositing 7.5 million USDC as collateral.

True USD (TUSD) stands strong amidst Prime Trust turmoil, assuring users of uninterrupted operations, while some concerns arise regarding redemptions and transparency.

Recent data suggests TUSD played a role in Bitcoin's rally, as its supply surges align with Bitcoin's price surges.

A trader has opened an on-chain short position on the TUSD stablecoin amid the issuer's links with Prime Trust.