Tags: tusd

TUSD Says Recent Depegging is Related to Binance Launchpool Activities

Deal Cancelled: BitGo Pulls Out of Prime Trust Acquisition and Users Report Withdrawal Issues

Changpeng Zhao ,CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

Stablecoin market shrinks for the 14th month, raising concerns for cryptocurrency prices and liquidity.

Red arrows pointing down falling drop (Getty Images)

TUSD depegged temporarily due to low liquidity. (Kaiko)

(Nikhilesh De/CoinDesk)

The pair achieved the feat in less than a month.

Binance abolished almost all zero fee trading pairs from its platform after nine months, only keeping the promotion for the TUSD-bitcoin pair.

Blockchain data shows crypto exchange giant Binance has been relying increasingly on TUSD following a crackdown on its Binance USD stablecoin by U.S. regulators.