Curve mulls dropping TUSD as crvUSD backing after SEC charges
The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to back Curve's stablecoin.
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The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to back Curve's stablecoin.
The securities regulator claims the token is undercollateralized and its backing funds are in a risky overseas investment.
TrueFi hits $1B in loans originated, with no defaults. It also secured $12.5M in strategic funding and acquired Ethworks. TrueFi ...
TrustToken, the creators of TrueFi, an unsecured lending protocol, and maker of popular stablecoins including TrueUSD, recently announced the acquisition of EthWorks, a Web3 development company with a deep portfolio of successful blockchain projects. Recognized as a leading Web3 engineering firm, EthWorks has been a TrustToken partner for more than a year and contributed to […]
The post Crypto lending and stablecoin provider TrustToken acquires Web3 dev firm EthWorks appeared first on CryptoNinjas.
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