The SEC accused TrustToken and TrueCoin of investing 99% of the reserves backing TUSD in a risky fund with redemption issues.

Curve Finance proposes to eliminate TUSD as collateral for crvUSD. Regulatory concerns have triggered changes in TUSD's role in DeFi. Continue Reading:Curve Finance Adjusts TrueUSD’s Role in Stablecoin Trading The post Curve Finance Adjusts TrueUSD’s

Curve Finance's potential removal of TUSD as collateral underscores the DeFi sector's need for robust risk management and regulatory adaptability. The post Curve Finance considers dropping TrueUSD from crvUSD collateral appeared first on Crypto Brief

The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to back Curve's stablecoin.

Plus, is crypto cleaning up its act?

The US Securities and Exchange Commission (SEC) has charged TrueCoin and TrustToken with fraudulent and unregistered sales of investment contracts involving the TrueUSD (TUSD) stablecoin, and lying about its backing, according to a Sept. 24 statement

Justin Sun is considering reducing fees on the TRON blockchain amid the ongoing SunPump craze, which involves meme coins built on the network. SunPump, a platform for token generation, is driving the latest market euphoria. It has propelled TRON meme

The TRON Network has recently witnessed notable activity within its stablecoin ecosystem for the period spanning June 28 to July 4, 2024, as the average daily transfer volume of stablecoins surged to an impressive $13.93 billion across various stable