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TUSD's newfound notoriety has unsurprisingly attracted scrutiny.

Traders shorted TUSD to capture a 20% upside for the token's intended $1 peg.

Stablecoin TrueUSD (TUSD) depegged to $1.20 Binance crypto exchange on May 1 and has since returned to its peg.

TrueUSD is quickly climbing the stablecoin dominance charts, thanks to Binance.

Binance has announced the introduction of Sui (SUI) on its Launchpool platform.

Today's top gainers in the cryptocurrency market include Tron, USDD, TrueUSD, and BitTorrent. In contrast, the list of top losers features Internet Computer (ICP), Agile, Render Token (RNDR), dYdX (DYDX), Hedera Hashgraph (HBAR), and XinFin Network (XDC).

Tron founder Justin Sun has issued an apology to Binance CEO Changpeng Zhao after getting called out for attempting to participate in the Binance Launchpool for SUI and farming the token using 56 million TUSD.

Justin Sun responded to Changpeng Zhao by outlining the reason for his team's involvement in the TUSD transaction.

TUSD, also known as TrueUSD, is a stablecoin that has been garnering traction as a reliable alternative to fiat currencies on the cryptocurrency market. TUSD is pegged to the US dollar, which makes it less volatile and more stable than traditional cryptocurrencies like Bitcoin and Ethereum.

Following Changpeng “CZ” Zhao's warnings, Justin Sun has revealed on Twitter the real reasons for depositing TUSD stablecoins to Binance. While reiterating his intention not to participate in exchange activities, Sun stated that the main goal of the transfers was to balance the price differentials of TUSD and boost the liquidity of unsettled orders and

Sun apologized for the massive TUSD transfer to Binance amid SUI farming, blaming the incident on an ignorant team member.

In a recent development in the world of cryptocurrency, a significant transaction of 56,100,000 TUSD (equivalent to $56,444,454) was transferred from Justin Sun, the founder of TRON and owner of Huobi Global, to Binance, the largest cryptocurrency exchange in the world.

Justin Sun transfers 59m TUSD to Binance for liquidity, but CZ warns against using them for LaunchPool. TRON DAO Venture aims to facilitate market-making.

The world's largest crypto exchange by volume has launched a new trading pair for Dogecoin (DOGE) as the top memecoin continues to consolidate. Binance customers can now swap DOGE with the stablecoin TrueUSD (TUSD). TUSD, which aims to maintain a 1:1 peg to the US dollar, is the fifth-largest stablecoin by market cap.

In a recent interview on Bloomberg, TRON founder Justin Sun discussed the recent trueUSD growth. This comes as tron looks to acquire a legal tender with BRICS.

Circle CEO Jeremy Allaire pins the decline in the market value of the USDC stablecoin on investors wishing to 'de-risk out of the U.S.'

Today's cryptocurrency market showcases a mix of projects experiencing notable gains and others facing significant losses. RDNR, INJ, CFX, dYdX, GRT, and FTM have emerged as the top gainers of the day, while ZIL, Cake, TON, XDC, and TUSD are the top losers.

Trading volumes in the BTC/TUSD pair have surged over the past four weeks after the crypto exchange introduced zero trading fees for it.

TrueUSD (TUSD)'s, a recently launched stablecoin, market capitalization is surging, rising by 120% in just four months from January 2023. The increase can be attributed to Binance's backing, which propelled it as the fifth-largest stablecoin behind USDT and USDC.

TrueUSD's market capitalization is surging, rising by 120% in just four months from January 2023. The increase can be attributed to Binance's backing, which propelled it as the fifth-largest stablecoin behind USDT and USDC.

On 22 March 2023, Binance announced the end of the “zero-fee promotion on BTC trading” effectively re-introducing all standard fees for stablecoin-BTC trading pairs, except for the TUSD stablecoin.

TrueUSD now becomes the largest BTC trading pair on Binance.

In an interesting development, the little-known stablecoin TrueUSD is making the largest Bitcoin trading pair, as per the data provided by the crypto research platform Kaiko. Thanks to the major shift spurred by crypto exchange Binance earlier this year.

Bitcoin traders on Binance have rapidly migrated to TUSD after the exchange stopped charging fees on the trading pair.