TrueUSD


Markets

TrueFi's $4M Bad Debt in Limbo Shows Risk of Crypto Lending Without Collateral

Decentralized lending protocol TrueFi’s experience with loan default reveals its recourse for recovering bad debts: old-school solutions that can be time-sapping and costly, such as taking borrowers to court.

(Unsplash, modified by CoinDesk)

Markets

Crypto Investment Firm Blockwater Technologies Defaults on DeFi Loan

The South Korea-based crypto investment firm failed to make a payment on a $3.4 million loan to TrueFi, a decentralized lending protocol.

Falling dominoes (Getty Images)

Videos

BofA: Crypto Exchange Binance to Benefit From Increased Supply of BUSD Stablecoin

Crypto exchange Binance’s decision to convert all users' investments in stablecoins USD coin (USDC), trueUSD (TUSD) and pax dollar (USDP) into its native binance USD (BUSD) may generate limited additional revenue in the short term, but could have larger implications in the long term, Bank of America reported. "The Hash" hosts discuss what this means for the state of the stablecoin markets.

Recent Videos

Videos

Why Binance Isn't Converting Tether to BUSD

Binance is converting all investments in USDC, pax dollar (USDP) and trueUSD (TUSD) into its stablecoin Binance USD (BUSD) on Sept. 29. Patrick Hillmann of Binance discusses the change and why Tether won't be moved.

Recent Videos

Videos

Circle CEO Expects USDC to Benefit From Binance's Auto-Converting

Beginning late September, USD coin (USDC), Paxos dollar (USDP) and trueUSD (TUSD) will no longer be traded at Binance, and deposits will automatically be converted to Binance USD (BUSD). Circle CEO Jeremy Allaire expects USDC to benefit from getting booted. "The Hash" hosts discuss what this means for the global stablecoin markets.

Recent Videos

Finance

Binance, Issuer of Third-Biggest Stablecoin, to Stop Supporting Larger Rival USDC

The action effectively removes the world's second-biggest stablecoin, USD coin, as a tradable asset on Binance's giant platform.

(Shutterstock)

Markets

What We Know – and Don’t Know – About Stablecoins’ Dollar Backing

(Updated Oct. 31, 2021) As information disclosed by issuers varies, it’s not easy for investors to make apple-to-apple comparisons.

alicia-razuri-mmHzeIV52ZI-unsplash

Videos

Signature Bank Taps Tether Rival TrueUSD for Payments Platform

CoinDesk’s Nikhilesh De reacts to New York-based Signature Bank adding stablecoin TrueUSD into its blockchain-based payments platform and discusses how TUSD compares to Tether. Review of this week’s congressional hearings on crypto and looking ahead to FATF’s plenary meeting on Monday.

CoinDesk placeholder image

Markets

Signature Bank Taps Tether Rival TrueUSD for Payments Platform

Signet is a real-time payments platform built on the Ethereum blockchain.

Signature Bank CEO Joseph DePaolo

Markets

Tether Just Won't Go Away. Does the Crypto Market Care?

As the crypto market continues to rally, an old debate reignites on whether the most important stablecoin in trading is really stable.

Tether Chief Technology Officer Paolo Ardoino. Tether issues the USDT stablecoin.

Pageof 4