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bullish
Binance Coin
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TUSD Depegs Amidst Heavy Borrowing
Crypto
269 Views
03 May 2023 09:28
SUMMARY
TUSD depegged on a number of exchanges yesterday, hitting a high of $1.20 relative to USDT on Binance.
Binance has recently been promoting TUSD, making BTC-TUSD the only zero-fee pair on the exchange.
This quickly made Binance BTC-TUSD one of the highest-volume pairs in all of crypto despite TUSD being relatively unknown amongst stablecoins.
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TUSD Depegs Amidst Heavy Borrowing
03 May 2023
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