Tuesday, November 28, 2023

TUSD Stablecoin Has $26k of Funds at ‘U.S. Depository Halting Withdrawals,’ Reserve Report Says



Nevertheless, TUSD issuer beforehand stated that it had “no publicity” to the imploded crypto custodian Prime Belief, which acted because the stablecoin’s banking associate within the U.S. The issuer tweeted it paused minting tokens by way of Prime Belief on June 10, including that “minting and redemptions providers stay unaffected” by means of different banking rails.

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