Rafael Cosman co-founded TrueUSD with a focus on transparency, making it one of the most trusted stablecoins globally. By enabling zero-collateral lending based on reputation, Cosman’s TrueFi protocol revolutionized decentralized…
Browsing: TrueUSD
TrueUSD’s value dropped below $1, sparking a sell-off and concerns about its reserves. The stablecoin faced competition, with users favoring alternatives like USDT, partly due to Binance’s changes. Prominent stablecoin…
TrueUSD, a major stablecoin, experienced a de-pegging event, dropping below its usual 1:1 value with the US dollar. The de-pegging occurred alongside Binance CEO Changpeng Zhao’s departure and amid large…