TUSD Supply Skyrockets With 1 Billion Injection Amidst Decline in Stablecoins

Despite the decline in stablecoins due to substantial redemptions, particularly from projects like USDC, DAI, and BUSD, the project TUSD has experienced a notable surge in its supply. TUSD has added more than a billion dollars’ worth of tokens to its existing supply. As of the present moment, the market capitalization of TUSD stands at…