TUSD’s supply hits low as stablecoin struggles to maintain $1 peg

TrueUSD (TUSD) stablecoin experienced wild volatility the past day as it fell below the $1 peg amid its declining supply. Data from CryptoSlate shows that the stablecoin fell to as low as $0.984 during the reporting period and has yet to regain its peg as of press time. Chainlink’s TUSD data also confirms this downtrend,...