$130 Million TUSD Were Released By Binance In Less Than A Week
Due to the consistent issuance of Binance exchange throughout the course of the recent past, TrueUSD (TUSD) has risen to the position of the fifth most valuable stablecoin in the cryptocurrency sector. This has caused the total amount of stablecoins in circulation to reach 1.1 billion dollars.
According to data provided by the statistics unit Nansen, stablecoin TrueUSD (TUSD) issuance by Binance increased by an extra 130 million USD during the course of the last week, bringing the total amount of stablecoins in circulation to more than 1.1 billion dollars. TUSD has now surpassed Frax (FRAX) to become the 5th largest stablecoin in the cryptocurrency market. Nevertheless, it is still momentarily behind Tether (USDT), USD Coin (USDC), Dai (DAI), and Binance USD (BUSD). Notwithstanding this, however, the United States government is putting additional regulatory pressure on Binance’s stablecoin.
Source
https://t.me/Bitcoin_NewsTg
