cryptodnes.bg
The TrueUSD (TUSD) stablecoin deviated from its fixed rate ($1) and fell to a low of $0.995 due to several factors.
One significant factor was the departure of Changpeng Zhao as CEO of Binance, the world's largest cryptocurrency exchange, which led to a significant selloff.
In addition, claims have spread that terrorists prefer Justin Sun's Tron to Bitcoin to facilitate the financing of terrorism, which contributed to the debasement of the TUSD. The situation persisted, as between November 27 and 28 the price of TUSD it reached $0.995.
However, at the time of writing, the stablecoin has slightly recovered its price and is trading at around $0.9966
The report also details seizures made by Israel's National Counter-Terrorism Financing Bureau unit, which froze 143 Tron portfolio between July 2021 and October 2023.
In response, Justin Sun defended Tron by emphasizing its decentralized nature, similar to that of Bitcoin and Ethereum. He highlighted the Tron team's commitment to combating terrorist financing while prioritizing decentralization, asset safety, and ensuring fast, cost-effective, and reliable transactions.