Binance Woes Rise As TUSD Minting Paused, But There's A Catch
TUSD Minting Through Prime Trust Paused TrueUSD on June 10 announced that TUSD mints via Prime Trust are paused. The move will bring more troubles for Binance as the exchange started supporting TUSD stablecoin after the US regulator ordered Paxos to stop minting Binance USD (BUSD) stablecoin. The firm assured users that TUSD minting and redemption services remain unaffected and will continue to operate normally. In addition, the firm said its partnerships with other banking institutions remain intact, ensuring seamless TUSD transactions. TUSD minting and redemption services remain unaffected and will continue to operate as usual. We want to assure you that our partnerships with other banking institutions remain intact, allowing for seamless transactions. https://t.co/N3RwvLGPon — TrueUSD (@ TUSD io) June 10, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest;...