First Digital Trust Denies Insolvency Claims by Justin Sun, Defends FDUSD Stablecoin Stability

First Digital Trust denies insolvency claims by Justin Sun, assuring FDUSD is fully backed by US Treasury bills despite recent depeg and market concerns.

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TUSDs Supply Halves as It Drops to 8th Rank Among Stablecoins

Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024, the circulation was approximately 1.1 billion TUSD, which then plummeted to just 612 million. Supply Slash Sees TUSD Fall From Top 5 Stablecoin Rankings to 8th Position Previously ranked among the top five dollar-pegged cryptocurrencies [...]

The post TUSDs Supply Halves as It Drops to 8th Rank Among Stablecoins appeared first on Crypto Breaking News.

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