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Bad news for holders of TUSD stablecoins!
The value of TUSD is derailing against the USD, which is now around $0.985 instead of holding steady at $1 as the target of a stablecoin.
Suspected causes:
According to the Chainlink platform, this loss of peg may be related to a lack of mining activity TUSD
- The net selling volume of large positions on TUSD amounted to $56.69 million.
- On January 10, it was reported that TrueUSD was having problems publishing real-time attestation of its reserves, suggesting that the stablecoin may have been under-collateralized.
- According to a January 10 report from Protos, the system encountered some bugs with the API and was unable to provide a value in US dollars for its collateral.
#TradeCoinVN #TCVN #ContentStar $TUSD