Tag: Trueusd (TUSD)

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Top 10 Stablecoins Witness Massive Supply Reductions, Yet Dominate 61% of Global Trade Volume

For the first time in months, the entire list of top ten stablecoin assets has experienced supply shrinkage in the last 30 days. The stablecoin market now stands at $124 billion, following notable reductions across several projects. Yet, stablecoins still dominate in terms of global trade volume, accounting for 61% of all settled trades in…
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TUSD Leverages Chainlink Proof of Reserve for Real-Time Verification of Stablecoin Minting

On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueusd crypto asset has a circulating supply of over 968 million tokens and is the sixth-largest stablecoin by market capitalization. Archblock Uses Chainlink to Verify Reserves Before…
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