Odaily Planet Daily According to official sources, TrueUSD has released the TUSD monthly report. As of May 31, the circulating supply is 501,701,476 TUSD, and the USD reserve is 509,044,824 USD. The quantity of TUSD on the main on-chain is as follows: Ethereum: 373,959,381 TUSD; TRON: 94,299,236 TUSD; BNB Smart Chain (Wrapped): 1,203,456 TUSD.

TRU jumped 15.45% to $0.1576 TRU (TRU) has risen more than 15.45% in the past 24 hours, with a last price of $0.1576, a total volume of $103 million, a total market capitalization of $173 million, and currently ranks 148th in terms of market capitalization. 1-day high: $0.171, 1-day low: $0.1299, circulating supply: 1,097,145,214. The full name of TRU Coin in English is TrueFi, and the issue date is 2018-07-18, which is an unsecured lending DeFi protocol supported by TRU. It allows lenders to earn high and stable returns from borrowed cryptocurrencies (starting with TUSD) with full transparency in how borrowed capital is distributed, and is TrueFi's native functional token. TrueFi is a decentralized finance (DeFi) protocol for unsecured lending. （Source from: cnyes）

Odaily Planet Daily News According to the market data, TUSD fluctuated today, hitting a high of 1.02 USDT and is currently trading at 0.9997 USDT, with a 24-hour increase of 3.7%.

Odaily Planet Daily News CoinMarketCap Research released a report on the US dollar Stable Coin TrueUSD (TUSD), which shows that in 2023, the market share of TUSD will increase from 0.53% to 1.79%, an increase of more than 238%, and the total Market Cap of TUSD will increase from $799.31 million to $2.31 billion in the same period. The report also delves into a key differentiator of TUSD transparency, namely TUSD's real-time on-chain proof of reserves that support stable coins, reportedly compiled by The Network Firm LLP, an independent accounting firm in the United States, and TUSD's integration of Chainlink's Proof of Reserves (PoR) technology, making it the first USD Stable Coin to incorporate real-time verification of off-chain USD reserves. （Chainwire）

According to MetaTrust monitoring, Stable CoinTUSD has been de-anchored, and the current trading price is $0.974, a 2.6% de-anchor, according to MetaTrust monitoring. At the same time, TUSD's share in the Curve pool crvUSD/TUSD reached 91%, and the share in the Curve 3 pool TUSD/FRAX/USDC reached 92.2%.

PANews reported on January 16 that TrueUSD ("TUSD") announced that it has fully upgraded its Fiat Currency reserve audit system. and a new partnership with accounting firm Moore Hong Kong ("MooreHK"). Starting from January 2024, MooreHK will provide daily assurance services for TUSD and daily assurance reports for its shareholders and TUSDToken holders. In addition to continuing to work with the network company by integrating its technology solutions, the upgraded assurance report includes more details about the reserve funds held by its financial and fiduciary partners.

On January 16, the accounting firm MooreHK issued a document saying that it officially began to provide assurance services for US dollar Stable CoinTUSD. Founded in 1975 as a subsidiary of Moore Global, MooreHK is one of the world's leading accounting and advisory service providers.

Gold Finance reported that Rekt FTX sought court approval to estimate its customers' crypto asset claims in U.S. dollars, according to court filings dated Dec. 27. The exchange clarified that this action is essential to prevent any obstacles in the Rekt process, adding that the liquidation of every claim related to digital assets is impractical and unnecessary and would unduly delay these Chapter 11 cases. As a result, FTX recommends estimating the value of Bitcoin at $16,871, Ethereum at $1,258, and SOL at $16. AVAX is $14.19, and the Stable Coin USDT, TUSD, and BUSD are a few cents less than the usual $1. FTX argues that its valuation represents a "fair and reasonable" value of these digital assets as of the Nov. 11 petition date. The motion drew criticism from FTX creditors, who described it as another theft and urged people to oppose the plan.

TrueUSD (Stable Coin TUSD) announced a partnership with accounting firm United Overseas International (Hong Kong) ("MooreHK") to provide daily statutory reserve assurance services for TUSD and provide daily assurance reports to its stakeholders and TUSDToken holders from late January 2024, according to Golden Finance. TUSD said that it fully recognizes the importance of Stable Coin Proof of Reserves, and that having sufficient reserves is essential to support TUSD's growth and development, and that both MooreHK and The Network Firm will be its partners.

Odaily TrueUSD (TUSD) announced a partnership with Moore CPA Limited (MooreHK), a well-known accounting firm. From the end of January 2024, MooreHK will commence providing daily verification services for TUSD and daily verification reports for its stakeholders and TUSDToken holders. Founded in 1975 as part of the Moore Global network, MooreHK has extensive experience in auditing, assurance, accounting, tax and advisory services. This partnership plays a key role in strengthening TUSD's reputation as a transparent and trusted Stable Coin, in line with its offshore migration strategy earlier this year. As a complement to this partnership, TUSD maintains its partnership with The Network Firm LLP. The collaboration leverages the technical support of The Network Firm Tech & Services LLC to enhance the audit capabilities provided by MooreHK. This synergy demonstrates TUSD's commitment to Blockchain technology innovation, including advanced reserve audits and on-chain Proof of Reserve.

Odaily TrueUSD has announced a partnership with accounting firm Moore Hong Kong. From late January 2024, MooreHK will commence providing daily assurance services to TUSD and daily assurance reports to its stakeholders and TUSDToken holders, marking the enhancement of the TUSD Reserve Assurance System.

PANews reported on December 13 that S&P Global Ratings announced on Tuesday its assessment of the stability of eight stablecoins, including Dai (Dai), First Digital USD (FDUSD), Tether (USDT), Frax (Frax), TrueUSD (TUSD), USD Coin (USDC), USDP and GUSD. Analysts mainly focus on "the quality of assets that support stablecoins". Overall quality is measured by custody risk, creditworthiness, and market value. As a result, USDC, USDP and GUSD received "strong" ratings. USDT, DAI, and FDUSD received "constrained" ratings, while FRAX and TUSD received "weak" ratings. Analysts said that no stablecoin received the highest rating of "very strong" in the first assessment.

According to Whale_ monitoring, about 5 minutes ago, 77 million TUSD were burned in an unknown wallet, worth $75,841,920, Golden Finance reported.

Odaily Santiment data shows that in the past week, the top 100 TrueUSD wallet holdings have decreased by a total of 27.8% to $181 million. After a significant drop in BUSD's market capitalization, TUSD has jumped to the fourth largest stablecoin in October.

According to a new Unitus Improvement Proposal (UIP), the dForce community is proposing to reduce the LTV (loan value) ratio of TUSD to zero. The TUSD stablecoin experienced a slight depeg on November 22, falling to 0.9955 before resuming its peg, the proposal said, and the main reason for the event was a surge in sales orders, highlighting the potential impact of large order blocks on liquidity and the potential for slippage. Therefore, it is recommended to reduce the loan-to-value (LTV) ratio of TUSD to 0 to more effectively reduce potential risks and enhance the protection of users and assets within the Unitus ecosystem.

According to Whale _ monitoring, the address starting with TKK6d1 on the TRON chain was blacklisted, and the address held 1,602,552 TUSD (about $1,600,563), and it is not clear why it was blacklisted.

According to the on-chain data tracking service Whale _, a 042e8b address starting with 1,602,552 TUSD on the TRON blockchain was frozen, and the value of these tokens is about $1,600,563, and the reason for the freeze is not yet clear.

Golden Finance reported that CoinGecko released its third quarter stablecoin report, which shows that the top 5 stablecoins by market share are: 1. USDT share is 69%, USDC share is 21%, 3.DAI share is 3.2%, 4.TUSD share is 2.8%, 5.BUSD share is 1.9%. In addition, the report shows that the market capitalization of the top 15 stablecoins fell by 3.8%, or $4.8 billion, in the third quarter of 2023, and the current stablecoin market cap is $121.3 billion. USDT's market cap remained flat in the third quarter of 2023, however, other stablecoins grew their market share by 2.6%. USDC topped the stablecoin with a loss of $2.26 billion (-8.3%) in the third quarter, while BUSD saw the largest percentage decline, down 45.3%. TUSD was the only one in the top five to rise, increasing its market capitalization by $390 million (+12.8%).

PANews news on October 23, stablecoin issuer TrueUSD issued an announcement on the address (0x7bA7EF06A2621267f063eF2DB2d482D5B507D8b3) to clarify that the address has no authority on TUSD smart contracts; It is an address specifically designated for token deployment. This address does not have any authority over current TUSD contracts or user token assets, nor does it have any impact on the operation of TUSD. This address is not owned or controlled by the TUSD team, and there is no association between the TUSD team and the address. TrueUSD claims that since the end of 2020, the TUSD team has taken ownership of the TUSD contract. TUSD tokens are secured by smart contracts, which are securely owned and managed by the TUSD team. Earlier today, an analysis said that one of the private keys used to deploy TrueUSD may have been compromised because the TEURO contract was deployed by a TrueUSD deployer.

Golden Finance reported that TrueUSD said on social media that regarding the address (0x7bA7EF06A2621267f063eF2DB2d482D5B507D8b3) to clarify that the address has no authority on the TUSD smart contract; It is an address specifically designated for token deployment. It does not have any authority over current TUSD contracts or user token assets, nor does it have any impact on the operation of TUSD. The address does not belong to or is controlled by the TUSD team, and there is no association between the TUSD team and the address. Since the end of 2020, the TUSD team has taken ownership of the TUSD contract. TUSD tokens are secured by our smart contracts, which are securely owned and managed by the TUSD team.

TrueUSD said in a post on the X platform that TrueCoin was attacked, but TrueCoin's own system was not compromised, because TrueCoin has been the operator of TUSD until July 13, 2023, and they hold certain KYC and transaction history data of TUSD users, and some of the data may be leaked during the attack on TrueCoin's third-party vendors. TrueUSD says the TUSD system is secure and not under attack. Neither the TUSD system nor the TUSD reserve was affected.

Golden Finance reported that TrueUSD said on social media that the TUSD team learned from TrueCoin that it had received a notification from a third-party vendor that the vendor's security team had detected unusual account movements within the TrueCoin organization by an attacked support provider. TrueCoin's own internal systems were not compromised. Since TrueCoin was the operator of TUSD until July 13, 2023, they hold certain know-your-customer and transaction history data of TUSD users, and some of the data could be exposed to attackers during an attack on the third-party vendor of Real Coin. The TUSD system is secure and not under attack. Neither the TUSD system nor the TUSD reserve was affected.

According to news on September 21, according to Whale_ monitoring, a certain wallet minted 210 million TUSD, 53.18 million each time, and minted four times in total.