Discover and read the best of Twitter Threads about #tusd

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In #Crypto, everything happens at lightning speed, and sometimes we miss very important news that could affect our portfolio.
 
So, here is a list of all the important news of the past week, which I have compiled 📰🗞️
 
🧵👇

#CryptoNews #cryptocrash Image
🚨Nigeria regulator says local Binance operations 'illegal'.

🔔 #TUSD temporarily stopped issuing TUSD through Prime Trust.

🔔 #Robinhood will no longer support #Solana, #Polygon and #Cardano after June 27, 2023.
💥 #OKX burns 5.5 million #OKB exchange tokens — worth roughly $244 million.

🔔 Binance_US suspends all USD deposits following SEC lawsuit.

💥 #Kraken launches its NFT marketplace on #Polygon.
Read 11 tweets
2023 brings its fair share of challenges, but we at #TRON are more committed than ever to achieving our goals! Our focus remains on the growth of the #stablecoin, #USDT #TUSD #USDD #USDC #USDJ on #TRON. We aim to grow our stablecoin market cap from $40 billion to $60 billion.
As we navigate these testing times, we'll continue to innovate and improve upon our infrastructure, ensuring that our users have a secure, reliable, and efficient platform to conduct their transactions. 🛡️ Your trust in us fuels our drive to deliver the best services possible.
Despite the challenges ahead, we are excited to play our part in nurturing the global stablecoin market, contributing to the development of #DeFi, and shaping the future of finance.🚀With your support, we'll keep striving to make #TRON the go-to platform for stablecoin growth! 🏆
Read 3 tweets
#USDN depeg
#USDD depeg
#MIM depeg
#FLEXUSD depeg
#ALUSD depeg
#USDX depeg

is it stablecoin on crisis?
On this list, we saw some of 20 big cap stablecoin is depeg
The most safety stablecoin are full backed by US dollar, such as:

#USDC
#BUSD
#GUSD
#HUSD
#USDP
#TUSD
Read 3 tweets
1/21
Stablecoins

It’s been a brutal week for most crypto holders with extreme selloffs on nearly all assets.
A lot of people fled to the safety of stablecoins thinking they were safe.

But UST depegged and FUD now also reached USDT.
Do your research & know your investment! 🧵👇 Image
2/
Coins we're looking at:
* #USDT
* #USDC
* #BUSD
* #UST
* #DAI
* #FRAX
* #MIM
* #TUSD
* #USDP

It's a lot of information to take in but it's important to understand in what asset you park your money. Always DYOR! This is meant as a rough guide for understanding.
3/
#USDT
* Controversial, yet most popular.
* Lots of indications that the 1:1 fiat to crypto backing they claim to have is in fact false.
* April 2019: Tethers own lawyers had to admit that the company had only 74% of the #USDT in fiat backing (tinyurl.com/3ce233zc).
Read 21 tweets
🚨 BREAKING: The U.S. Senate sent a letter requesting immediate information from #Tether about their reserves, redemption process, issuance, and activities due to "several market integrity concerns" as stated by the PWG.

Tether has been given 10 days to respond. #Retweet
Question number 5. This is going to be so much fun! 🙈
Interesting Note: The letter is addressed to #Tether CEO Jean Louis van der Velde, who hasn't been seen/heard for quite time...
Read 12 tweets
1 Look for US market to become more accepting of #stablecoins as they can:

Reduce costs of basic financial services
Add transparency
Can be regulated to ensure no systemic risk to financial system

#Tether #USDT $USDT #USDC $USDC #DAI $DAI #BUSD $BUSD #UST $UST #DJED $DJED #TUSD
2 Innovate payment systems with stablecoins👀

Provide faster/realtime/cheaper/&more reliable payment systems which will benefit both poor & rich alike

Eliminate & lower fees compared to legacy tradfi systems💪

#AVAX #BINANCE #BNB #UST $UST #COTI $COTI $TUSD #Solana #Crypto
3 If the #USA brings fair stablecoin regulation within its borders it can both innovate, protect & prop up the interests of businesses, the general public & the country itself @SECGov @SecYellen @GaryGensler

#GaryGensler #crypto #cryptocurrencies #ADA #XRP #LUNA #TerraLuna #BTC
Read 5 tweets
I am, once more, a guest of the Pima County Republican Club. Here to listen to @kelliwardaz speak today, coming back to #Tucson after cancelling an appearance a few weeks ago.
Today’s conversation - whether @kelliwardaz addresses it in her speech or during the question and answer session - is likely going to focus on Ward’s support to refer a sales tax increase to the ballot, letting the voters decide.
There is something new today here at the Pima County Republican Club’s official meeting space at the Sabbar Shrine Temple - they opened up an adjacent room to accommodate more people. It’s early, but there are easily 40 people here already to see @kelliwardaz.
Read 40 tweets

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