TrueUSD reassures users of no exposure to Prime Trust amid regulatory challenges
TrueUSD has swiftly moved to restore confidence in its dollar-backed TUSD stablecoin after Nevada-based Prime Trust, a crucial technology partner, faced regulatory hurdles. Prime Trust’s abrupt suspension of all fiat and cryptocurrency deposits and withdrawals, following state financial regulators’ orders, left many clients stranded and concerned about their funds. In response to the situation, TrueUSD…