Is TrueUSD the Next USTC? Stablecoin Depeg Events Investigated
TrueUSD (TUSD) depegged from the US dollar this week, marking its second depeg from $1 in the last two months. Losing parity with the US dollar and falling to $0.9685 reflected a familiar situation for many crypto users. It reminded them of the USTC depeg in 2022 ahead of the infamous TerraLUNA crash. According to...