Yugocean TUSD

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Justin Sun linked True USD stablecoin is in trouble

17 Jan 2024 1 minute read 3 comments Yugocean

    Justin Sun's True USD (TUSD) stablecoin is depegged, and is in troubled waters as it's market is drifting away.   Depeg Trouble       TUSD is defined as the first digital asset that is transparent and verifiable 1:1 backed with the United State...

Justin Sun causes a stir in Binance launchpool

2 May 2023 1 minute read 2 comments Yugocean

   In Binance, to revei the airdrop, Binance investors need to invest TSUD and BNB in the launchpool. Justin Sun Attacks launchpool       According to information from Whale Alerts, Justin Sun deposited 56,100,000 TUSD to Binance; this had erupted a...

Binance exited the BUSD, entered the TUSD

1 May 2023 1 minute read 1 comment Yugocean

     Binance Launchpool has apparently replaced BUSD with TUSD. TUSD can now be deposited in Binance's liquidity pool in order to earn interest. Why did Binance replace BUSD with TUSD?      In retaliation for Binance delisting Circle's stablecoin US...