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Stablecoin Transactions Surge as Trust in Digital Dollars Grows
$BTC
Stablecoin transactions are rising rapidly, showing growing trust in digital dollars for everyday use. With faster settlements, low fees, and price stability, stablecoins like USDT and $USDC are increasingly used for trading, payments, and cross-border transfers. This surge highlights their expanding role as a bridge between traditional finance and the crypto economy, signaling stronger mainstream adoption ahead.$BTC
Here are the most popular stablecoins used in the crypto market 👇
🔹 Major Stablecoins
#USDT (Tether) – Most widely used stablecoin
USDC (USD Coin) – Regulated, transparent reserves
#DAI – Decentralized stablecoin (by MakerDAO)
#FDUSD – Binance-supported USD stablecoin
#TUSD (TrueUSD) – Fully backed, audited
#USDP (Pax Dollar) – Issued by Paxos
FRAX – Hybrid algorithmic stablecoin
🔹 Other Stablecoins
PYUSD – PayPal USD
#BUSD – Binance USD (now phased out)
GUSD – Gemini Dollar
EURC – Euro-backed stablecoin
Stablecoin transactions are rising rapidly, showing growing trust in digital dollars for everyday use. With faster settlements, low fees, and price stability, stablecoins like USDT and $USDC are increasingly used for trading, payments, and cross-border transfers. This surge highlights their expanding role as a bridge between traditional finance and the crypto economy, signaling stronger mainstream adoption ahead.$BTC
Here are the most popular stablecoins used in the crypto market 👇
🔹 Major Stablecoins
#USDT (Tether) – Most widely used stablecoin
USDC (USD Coin) – Regulated, transparent reserves
#DAI – Decentralized stablecoin (by MakerDAO)
#FDUSD – Binance-supported USD stablecoin
#TUSD (TrueUSD) – Fully backed, audited
#USDP (Pax Dollar) – Issued by Paxos
FRAX – Hybrid algorithmic stablecoin
🔹 Other Stablecoins
PYUSD – PayPal USD
#BUSD – Binance USD (now phased out)
GUSD – Gemini Dollar
EURC – Euro-backed stablecoin
$TUSD /USDT
TECHNICAL ANALYSIS: LONG TRADE SIGNAL
Trade Setup:
Long entry: 0.9981 (break above the recent green candle high)
TP (targets):
0.9990
1.0000
SL (stop loss): 0.9978 (below the recent low)
The short-term market outlook shows consolidation with minor bearish pressure; watch for a break below 0.9980 to confirm a bearish shift, otherwise the bias remains bullish on a break above 0.9983.
#TUSD #USDT #CryptoAnalysis #TradingSignal #LongTrade
TECHNICAL ANALYSIS: LONG TRADE SIGNAL
Trade Setup:
Long entry: 0.9981 (break above the recent green candle high)
TP (targets):
0.9990
1.0000
SL (stop loss): 0.9978 (below the recent low)
The short-term market outlook shows consolidation with minor bearish pressure; watch for a break below 0.9980 to confirm a bearish shift, otherwise the bias remains bullish on a break above 0.9983.
#TUSD #USDT #CryptoAnalysis #TradingSignal #LongTrade
$TUSD doing exactly what it’s meant to do — staying stable ✅
Perfect for capital protection and rotation while waiting for market clarity.
$TUSD
$TRU
#TUSD #Stablecoin #RiskManagement
Perfect for capital protection and rotation while waiting for market clarity.
$TUSD
$TRU
#TUSD #Stablecoin #RiskManagement
$TUSD
TUSD is a choice, for people who want to invest their money in a smart way. It is an option that people can trust. TUSD is what smart investors look for when they want to make decisions with their money. TUSD is the way to go for investors who want to be successful. 💎🚀
TUSD, which is also known as TrueUSD is not a stablecoin it is your way to get safe and dependable cryptocurrency trading. TUSD is very clear when it comes to trading. People who trade with cryptocurrency like TUSD because it is safe. The total value of TUSD is around $493.67 million. Every day people trade TUSD $12.6 million. This is why traders, around the world trust TUSD.
So why do people choose TUSD? The thing is, people really, like TUSD. They think TUSD is a choice. That is why they choose TUSD. ✅
Completely supported by USD and regularly audited for clarity.
Ideal for DeFi, trading, and protecting against market fluctuations.
Smooth, quick, and safe throughout wallets and exchanges.
If you want to keep your money safe get some interest or buy and sell things without worrying TUSD is a choice. It helps you stay safe while still letting you grow your money. TUSD is well known and it works really well which is why people who like crypto think it is very important. TUSD gives you stability. That is what people need when they are buying and selling things with TUSD.
#TUSD #CryptoStablecoin #DeFi: #DigitalAssets
TUSD is a choice, for people who want to invest their money in a smart way. It is an option that people can trust. TUSD is what smart investors look for when they want to make decisions with their money. TUSD is the way to go for investors who want to be successful. 💎🚀
TUSD, which is also known as TrueUSD is not a stablecoin it is your way to get safe and dependable cryptocurrency trading. TUSD is very clear when it comes to trading. People who trade with cryptocurrency like TUSD because it is safe. The total value of TUSD is around $493.67 million. Every day people trade TUSD $12.6 million. This is why traders, around the world trust TUSD.
So why do people choose TUSD? The thing is, people really, like TUSD. They think TUSD is a choice. That is why they choose TUSD. ✅
Completely supported by USD and regularly audited for clarity.
Ideal for DeFi, trading, and protecting against market fluctuations.
Smooth, quick, and safe throughout wallets and exchanges.
If you want to keep your money safe get some interest or buy and sell things without worrying TUSD is a choice. It helps you stay safe while still letting you grow your money. TUSD is well known and it works really well which is why people who like crypto think it is very important. TUSD gives you stability. That is what people need when they are buying and selling things with TUSD.
#TUSD #CryptoStablecoin #DeFi: #DigitalAssets
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Tron founder offers emergency loan to support TUSD to end liquidity crisis
Court documents in Hong Kong revealed that "Justin Sun," founder of Tron, secretly intervened to support the stability of the stablecoin TrueUSD (TUSD) after a liquidity crisis faced by "Techteryx," the company that has owned the currency since 2020.
Hong Kong-based First Digital Trust (FDT) managed the reserve but transferred $456 million to "Aria Commodities DMCC" in Dubai, leading to issues with fund recovery.
This transfer caused severe financial difficulties, as "Techteryx" struggled to recover its investments between mid-2022 and early 2023.
As the crisis worsened, the company turned to "Justin Sun," who provided emergency funding in the form of a $400 million loan, which helped stabilize the currency and ensure withdrawal operations for users.
"Techteryx" then filed a lawsuit, accusing FDT and entities linked to Aria of financial mismanagement and fraud, citing unauthorized payments.
In response, FDT defended its actions, while "Matthew Breiten," the actual owner of the "Aria CFF" fund, denied the allegations, asserting that the transactions complied with the agreed-upon terms.
This came amid turmoil in TUSD's price, as it lost its peg to the dollar last January due to heavy selling, coinciding with reports of Binance excluding the currency from its list of eligible assets for certain hedging programs.
$TROY
#tron #TUSD #TrueUSD
$TUSD
Court documents in Hong Kong revealed that "Justin Sun," founder of Tron, secretly intervened to support the stability of the stablecoin TrueUSD (TUSD) after a liquidity crisis faced by "Techteryx," the company that has owned the currency since 2020.
Hong Kong-based First Digital Trust (FDT) managed the reserve but transferred $456 million to "Aria Commodities DMCC" in Dubai, leading to issues with fund recovery.
This transfer caused severe financial difficulties, as "Techteryx" struggled to recover its investments between mid-2022 and early 2023.
As the crisis worsened, the company turned to "Justin Sun," who provided emergency funding in the form of a $400 million loan, which helped stabilize the currency and ensure withdrawal operations for users.
"Techteryx" then filed a lawsuit, accusing FDT and entities linked to Aria of financial mismanagement and fraud, citing unauthorized payments.
In response, FDT defended its actions, while "Matthew Breiten," the actual owner of the "Aria CFF" fund, denied the allegations, asserting that the transactions complied with the agreed-upon terms.
This came amid turmoil in TUSD's price, as it lost its peg to the dollar last January due to heavy selling, coinciding with reports of Binance excluding the currency from its list of eligible assets for certain hedging programs.
$TROY
#tron #TUSD #TrueUSD
$TUSD
🚨 FIRST DIGITAL TO SUE JUSTIN SUN FOR DEFAMATION
• Sun claimed FDT was “effectively insolvent” & misused TUSD reserves
• FDT filed an injunction in HK Court demanding a retraction
• CEO: “We were custodians, not fiduciaries — acted on written instructions”
• FDUSD briefly depegged 10% after Sun's post
• Sun posted $50M bounty for insider info
• FDT denies all embezzlement claims
#CryptoNews #TUSD #JustinSun #FirstDigital #FDUSD
-The Block$TRX
• Sun claimed FDT was “effectively insolvent” & misused TUSD reserves
• FDT filed an injunction in HK Court demanding a retraction
• CEO: “We were custodians, not fiduciaries — acted on written instructions”
• FDUSD briefly depegged 10% after Sun's post
• Sun posted $50M bounty for insider info
• FDT denies all embezzlement claims
#CryptoNews #TUSD #JustinSun #FirstDigital #FDUSD
-The Block$TRX
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Binance new currency mining Fair Mode launches the 41st phase of the project, using BNB, FDUSD, and TUSD to mine NFPrompt (NFP)
On December 19, according to official news, Binance’s new currency mining Fair Mode launched the 41st phase of the project, using BNB, FDUSD, and TUSD to mine NFPrompt (NFP). Users can invest BNB, FDUSD, and TUSD into the NFP mining pool on the Launchpad website after 08:00 on December 20 (Eastern Eighth District time) to obtain NFP rewards. NFP can be mined for a total of 7 days.
Fair Mode is a new mode introduced by Binance Launchpool. The initial circulation of tokens issued under this model will be significantly increased (all Launchpool tokens will be released before listing), aiming to protect the community and retail investors and maximize user benefits.
Additionally, it will permanently prevent some allocations from entering circulation to further reduce inflationary pressures. For more details, see Exploring Token Economic Models and Development.
According to a Binance announcement, NFPrompt (NFP) is an artificial intelligence-driven user-generated content (UGC) platform for Web3 creators.
#BNB🔥
#fdusd
#tusd
#NFP
On December 19, according to official news, Binance’s new currency mining Fair Mode launched the 41st phase of the project, using BNB, FDUSD, and TUSD to mine NFPrompt (NFP). Users can invest BNB, FDUSD, and TUSD into the NFP mining pool on the Launchpad website after 08:00 on December 20 (Eastern Eighth District time) to obtain NFP rewards. NFP can be mined for a total of 7 days.
Fair Mode is a new mode introduced by Binance Launchpool. The initial circulation of tokens issued under this model will be significantly increased (all Launchpool tokens will be released before listing), aiming to protect the community and retail investors and maximize user benefits.
Additionally, it will permanently prevent some allocations from entering circulation to further reduce inflationary pressures. For more details, see Exploring Token Economic Models and Development.
According to a Binance announcement, NFPrompt (NFP) is an artificial intelligence-driven user-generated content (UGC) platform for Web3 creators.
#BNB🔥
#fdusd
#tusd
#NFP
Stablecoin Market Surpassed $200 Billion in Value
The stablecoin market has surpassed $200 billion in total value, marking a development in the cryptocurrency space that reflects the growing role of stablecoins in enabling crypto trading, decentralized finance (DeFi), and payments. Stablecoins like Tether (USDT) and USD Coin (USDC) continue to play a central role in facilitating liquidity and bridging traditional and digital finance.
What Are Stablecoins?
Stablecoins are digital assets designed to maintain a consistent value, typically pegged to fiat currencies such as the U.S. dollar or other reserve assets like gold. Unlike other cryptocurrencies, stablecoins aim to reduce volatility, making them useful for transactions, DeFi applications, and as a stable store of value during market fluctuations.
USDT and USDC are among the most utilized stablecoins in the market, providing liquidity and supporting a wide range of blockchain-based applications.
Tether (USDT):
Tether’s USDT continues to dominate the stablecoin ecosystem with a circulating supply exceeding $139 billion. Its adoption spans centralized and decentralized platforms, making it a key player in the cryptocurrency ecosystem.
Key Features of USDT:
Liquidity: Widely used across major exchanges for trading pairs.Global Availability: Integrated across multiple blockchains for seamless usage.DeFi Use Cases: Supports lending, borrowing, and yield farming protocols.
USD Coin (USDC):
USDC, issued by Circle, ranks as the second-largest stablecoin with a market capitalization of $41 billion. Institutions often use it due to its regulatory compliance and transparent reserves.
Key Features of USDC:
Regulatory Alignment: Close collaboration with U.S. regulators to ensure compliance.Programmability: Supports applications in DeFi and smart contracts.Fintech Adoption: Partnerships with financial technology companies enhance its utility in mainstream finance.
Drivers of Stablecoin Growth
Several factors contribute to the stablecoin market’s expansion:
Trading Utility: Stablecoins act as a stable intermediary in trading pairs, providing a buffer against volatility.DeFi Applications: Many decentralized platforms rely on stablecoins for lending, borrowing, and staking.Cross-Border Payments: Low transaction fees and fast processing make stablecoins a practical choice for remittances.Corporate Adoption: Increasingly, corporations are integrating stablecoins into their payment systems, reflecting their broader acceptance.
Emerging Stablecoins and Market Diversity
In addition to #USDT and #USDC , other stablecoins such as Dai (#DAI ) and TrueUSD (#TUSD ) are emerging. Decentralized stablecoins like DAI rely on algorithmic mechanisms to maintain stability. Stablecoins targeting specific regions or applications also contribute to market diversity and innovation.
The #stablecoin market’s $200 billion record highlights its critical role in the cryptocurrency ecosystem. Stablecoins are bridging traditional finance with the digital asset space by providing liquidity, reducing volatility, and enabling blockchain applications.
What Are Stablecoins?
Stablecoins are digital assets designed to maintain a consistent value, typically pegged to fiat currencies such as the U.S. dollar or other reserve assets like gold. Unlike other cryptocurrencies, stablecoins aim to reduce volatility, making them useful for transactions, DeFi applications, and as a stable store of value during market fluctuations.
USDT and USDC are among the most utilized stablecoins in the market, providing liquidity and supporting a wide range of blockchain-based applications.
Tether (USDT):
Tether’s USDT continues to dominate the stablecoin ecosystem with a circulating supply exceeding $139 billion. Its adoption spans centralized and decentralized platforms, making it a key player in the cryptocurrency ecosystem.
Key Features of USDT:
Liquidity: Widely used across major exchanges for trading pairs.Global Availability: Integrated across multiple blockchains for seamless usage.DeFi Use Cases: Supports lending, borrowing, and yield farming protocols.
USD Coin (USDC):
USDC, issued by Circle, ranks as the second-largest stablecoin with a market capitalization of $41 billion. Institutions often use it due to its regulatory compliance and transparent reserves.
Key Features of USDC:
Regulatory Alignment: Close collaboration with U.S. regulators to ensure compliance.Programmability: Supports applications in DeFi and smart contracts.Fintech Adoption: Partnerships with financial technology companies enhance its utility in mainstream finance.
Drivers of Stablecoin Growth
Several factors contribute to the stablecoin market’s expansion:
Trading Utility: Stablecoins act as a stable intermediary in trading pairs, providing a buffer against volatility.DeFi Applications: Many decentralized platforms rely on stablecoins for lending, borrowing, and staking.Cross-Border Payments: Low transaction fees and fast processing make stablecoins a practical choice for remittances.Corporate Adoption: Increasingly, corporations are integrating stablecoins into their payment systems, reflecting their broader acceptance.
Emerging Stablecoins and Market Diversity
In addition to #USDT and #USDC , other stablecoins such as Dai (#DAI ) and TrueUSD (#TUSD ) are emerging. Decentralized stablecoins like DAI rely on algorithmic mechanisms to maintain stability. Stablecoins targeting specific regions or applications also contribute to market diversity and innovation.
The #stablecoin market’s $200 billion record highlights its critical role in the cryptocurrency ecosystem. Stablecoins are bridging traditional finance with the digital asset space by providing liquidity, reducing volatility, and enabling blockchain applications.
Will Stablecoins Be the Future of Crypto? 🔒
$TUSD $USDP $FDUSD 📌
Stablecoins like TrueUSD (TUSD), Pax Dollar (USDP), and First Digital USD (FDUSD are transforming the crypto landscape by bridging the gap between traditional fiat currencies and digital assets. With their ability to maintain price stability, they’ve become indispensable tools for traders, investors, and payment solutions globally.
Current Market Leaders:
TrueUSD (TUSD): Known for its transparency and consistent $1.00 peg.
Pax Dollar (USDP): A regulated stablecoin trusted for secure transactions, also pegged at $1.00.
First Digital USD (FDUSD): A newer entrant focused on transparency and innovation, with a stable $1.00 peg.
Why Are Stablecoins Important?
🔹 They ensure price stability, making them reliable for transactions.
🔹 In emerging markets, they offer an alternative to unstable local currencies.
🔹 Their integration with DeFi platforms enhances lending and staking opportunities.
Regulation in Focus:
Stablecoins are attracting significant regulatory attention. With enhanced scrutiny, these assets are evolving to align with global financial standards.
Future of Stablecoins:
Stablecoins are positioned to remain at the forefront of digital finance. They could pave the way for a more regulated and user-friendly crypto ecosystem while ensuring mass adoption through their stability and versatility.
Conclusion:
Stablecoins are not just a trend—they are reshaping global finance, offering stability, accessibility, and innovation. Will they lead the charge in crypto’s mainstream adoption?
#Stablecoins #CryptoFuture #TUSD #USDP #GUSD
$TUSD $USDP $FDUSD 📌
Stablecoins like TrueUSD (TUSD), Pax Dollar (USDP), and First Digital USD (FDUSD are transforming the crypto landscape by bridging the gap between traditional fiat currencies and digital assets. With their ability to maintain price stability, they’ve become indispensable tools for traders, investors, and payment solutions globally.
Current Market Leaders:
TrueUSD (TUSD): Known for its transparency and consistent $1.00 peg.
Pax Dollar (USDP): A regulated stablecoin trusted for secure transactions, also pegged at $1.00.
First Digital USD (FDUSD): A newer entrant focused on transparency and innovation, with a stable $1.00 peg.
Why Are Stablecoins Important?
🔹 They ensure price stability, making them reliable for transactions.
🔹 In emerging markets, they offer an alternative to unstable local currencies.
🔹 Their integration with DeFi platforms enhances lending and staking opportunities.
Regulation in Focus:
Stablecoins are attracting significant regulatory attention. With enhanced scrutiny, these assets are evolving to align with global financial standards.
Future of Stablecoins:
Stablecoins are positioned to remain at the forefront of digital finance. They could pave the way for a more regulated and user-friendly crypto ecosystem while ensuring mass adoption through their stability and versatility.
Conclusion:
Stablecoins are not just a trend—they are reshaping global finance, offering stability, accessibility, and innovation. Will they lead the charge in crypto’s mainstream adoption?
#Stablecoins #CryptoFuture #TUSD #USDP #GUSD
Xai x Binance ($XAI ) Airdrop
Fellow Binancians, Binance is thrilled to unveil the 43rd innovative project on the Binance Launchpool - Xai (XAI), a layer 3 blockchain for an enhanced gaming scalabibility.
This four-day event allows users to stake $BNB, $FDUSD or $TUSD in specific pools, offering a chance to earn from a 75 million $XAI token reward pool, which constitutes 3% of total supply.
About Xai
Xai is a layer 3 blockchain on Arbitrum, simplifying in-game item trading and enhancing accessibility for gamers by addressing issues like high gas fees and complex interfaces.
The XAI token serves a dual role as the primary gas and in-game currency, streamlining platform operations and enhancing the gaming experience, developed by @OffchainLabs.
Ex Populus, a US-based Labs entity, will launch "Final Form" and "LAMOverse" games on Xai.
Step-by-Step Guide ''Xai - Binance Launchpool''
The Xai Farming period begins on January 5, 2024, at 00:00 (UTC):
1)Sign up or Log in to your Binance.com account.
2)Stake $BNB, $FDUSD or $TUSD to start farming $XAI .
3)User rewards will be updated each hour
#staking #airdrops #tusd #bnb #usdt
Fellow Binancians, Binance is thrilled to unveil the 43rd innovative project on the Binance Launchpool - Xai (XAI), a layer 3 blockchain for an enhanced gaming scalabibility.
This four-day event allows users to stake $BNB, $FDUSD or $TUSD in specific pools, offering a chance to earn from a 75 million $XAI token reward pool, which constitutes 3% of total supply.
About Xai
Xai is a layer 3 blockchain on Arbitrum, simplifying in-game item trading and enhancing accessibility for gamers by addressing issues like high gas fees and complex interfaces.
The XAI token serves a dual role as the primary gas and in-game currency, streamlining platform operations and enhancing the gaming experience, developed by @OffchainLabs.
Ex Populus, a US-based Labs entity, will launch "Final Form" and "LAMOverse" games on Xai.
Step-by-Step Guide ''Xai - Binance Launchpool''
The Xai Farming period begins on January 5, 2024, at 00:00 (UTC):
1)Sign up or Log in to your Binance.com account.
2)Stake $BNB, $FDUSD or $TUSD to start farming $XAI .
3)User rewards will be updated each hour
#staking #airdrops #tusd #bnb #usdt
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Binance announced today that they will convert all $1 billion in assets in the User Security Asset Fund (SAFU) into the stablecoin USDC. SAFU is an emergency insurance fund designed to protect the assets of Binance users in extreme situations and has played an important role since its establishment in 2018. Last year, Binance converted BUSD in the SAFU fund into TUSD and USDT.
#币安新闻 #SAFU #USDC #BUSD $TUSD #tusd $USDC
#币安新闻 #SAFU #USDC #BUSD $TUSD #tusd $USDC
TrueUSD $TUSD
What it is: A fully backed stablecoin by the US dollar, with regular third-party attestations to ensure full transparency.
Use case: TrueUSD is often used by traders who need to move assets in and out of fiat currency without exposure to volatility. It’s also frequently used in various DeFi applications.
#TrueUSD #TUSD
What it is: A fully backed stablecoin by the US dollar, with regular third-party attestations to ensure full transparency.
Use case: TrueUSD is often used by traders who need to move assets in and out of fiat currency without exposure to volatility. It’s also frequently used in various DeFi applications.
#TrueUSD #TUSD
Here are some popular examples of stablecoins:
1. Tether (USDT): The most widely used stablecoin, pegged to the US dollar. It's commonly used for trading and as a store of value.
2. USD Coin (USDC): Another US dollar-backed stablecoin, known for its transparency and regulatory compliance.
3. Binance USD (BUSD): A stablecoin issued by Binance, also pegged to the US dollar, used within the Binance exchange ecosystem.
4. Dai (DAI): A decentralized stablecoin pegged to the US dollar but maintained through smart contracts on the Ethereum blockchain, rather than a central entity.
5. TrueUSD (TUSD): A fully-backed stablecoin by the US dollar, with regular attestations to verify the reserves.
6. Paxos Standard (PAX): Another US dollar-backed stablecoin, regulated and issued by Paxos Trust Company.
7. TerraUSD (UST): A stablecoin from the Terra blockchain, pegged to the US dollar, though its stability has faced challenges in recent years.
These stablecoins maintain their value by being backed by fiat currencies or through algorithmic mechanisms. They play a major role in the crypto ecosystem, especially for traders looking to avoid volatility.
1. Tether (USDT): The most widely used stablecoin, pegged to the US dollar. It's commonly used for trading and as a store of value.
2. USD Coin (USDC): Another US dollar-backed stablecoin, known for its transparency and regulatory compliance.
3. Binance USD (BUSD): A stablecoin issued by Binance, also pegged to the US dollar, used within the Binance exchange ecosystem.
4. Dai (DAI): A decentralized stablecoin pegged to the US dollar but maintained through smart contracts on the Ethereum blockchain, rather than a central entity.
5. TrueUSD (TUSD): A fully-backed stablecoin by the US dollar, with regular attestations to verify the reserves.
6. Paxos Standard (PAX): Another US dollar-backed stablecoin, regulated and issued by Paxos Trust Company.
7. TerraUSD (UST): A stablecoin from the Terra blockchain, pegged to the US dollar, though its stability has faced challenges in recent years.
These stablecoins maintain their value by being backed by fiat currencies or through algorithmic mechanisms. They play a major role in the crypto ecosystem, especially for traders looking to avoid volatility.
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Breaking news: TrueUSD (TUSD) stablecoin depegs for the following reasons
The TrueUSD (TUSD) stablecoin fell to $0.995 following the exit of former Binance CEO Changpeng Zhao and terrorism financing charges against Tron.
The TrueUSD (TUSD) stablecoin decoupled and fell to lows of $0.995 amid a flood of sell orders following Changpeng Zhao’s resignation as Binance CEO and a Reuters report that terrorists prefer Justin Sun’s Tron Instead of Bitcoin facilitating terrorist financing. Currently, TUSD price is trading at $0.996 after a re-peg attempt.
TUSD decoupled amid market concerns
The TrueUSD (TUSD) stablecoin decoupled and fell to lows of $0.995 amid a flood of sell orders following Changpeng Zhao’s resignation as Binance CEO and a Reuters report that terrorists prefer Justin Sun’s Tron Instead of Bitcoin facilitating terrorist financing. Currently, TUSD price is trading at $0.996 after a re-peg attempt.
TUSD decoupled amid market concerns
$TUSD
Trade Setup 🟤🔵
Entry Point: $0.9988 💰
_Why:_ The current price provides an ideal launch point, supported by long-term stability expectations as a stablecoin with potential for slight growth 📈
Take-Profit Point: $1.48 🎯
_Why:_ Target reflects a 48% increase, based on potential to break through historical resistance levels and market growth over 6-12 months (assuming unusual volatility) 🔥
Stop-Loss Point: $0.799 🛑
_Why:_ Provides protection at a 20% decline, considering technical support and avoiding significant losses in case of market volatility 💸
#MarketUptober #USGovShutdown #CryptoETFMonth #TUSD
Trade Setup 🟤🔵
Entry Point: $0.9988 💰
_Why:_ The current price provides an ideal launch point, supported by long-term stability expectations as a stablecoin with potential for slight growth 📈
Take-Profit Point: $1.48 🎯
_Why:_ Target reflects a 48% increase, based on potential to break through historical resistance levels and market growth over 6-12 months (assuming unusual volatility) 🔥
Stop-Loss Point: $0.799 🛑
_Why:_ Provides protection at a 20% decline, considering technical support and avoiding significant losses in case of market volatility 💸
#MarketUptober #USGovShutdown #CryptoETFMonth #TUSD
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