Trust Token Blames Bots for Volatility of Trueusd Stablecoin

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Trust Token Blames Bots for Volatility of Trueusd StablecoinOn Wednesday Trueusd, a stablecoin designed to be pegged to the US dollar, experienced a sudden bump in price after Binance announced support. The news caused Trueusd (TUSD) to rise by an unprecedented 40% before eventually subsiding. Trust Token, the coin’s developers, have now explained to news.Bitcoin.com how this sequence of events came to be. […]

The post Trust Token Blames Bots for Volatility of Trueusd Stablecoin appeared first on Bitcoin News.

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