TrueUSD stops minting through Prime Belief, loses greenback peg

Stablecoin TruedUSD () barely misplaced its greenback peg within the early hours of June 10, following a pause in minting actions by means of its know-how accomplice Prime Belief.

The fifth-largest stablecoin by market capitalization traded at $0.9964 at its deepest level. In accordance to CoinMarketCap, its worth is $0.9981 as of this writing. The present provide of TUSD is $2.04 billion, whereas its collateral is $2.08 billion, information from LedgerLens reveals.

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