Coin Prices


News Explorer — Stablecoin Issuer TrueUSD Had 40% of Its Reserves in Signature Bank

Generated by AI, curated by humans


Mar 14, 3:54 pm
DL News

Stablecoin Issuer TrueUSD Had 40% of Its Reserves in Signature Bank

TrueUSD, the No. 5 stablecoin with a market cap of $2 billion, had 40% of its dollar-backed stablecoin’s reserves sitting at Signature Bank, which was shut down by New York state regulators on Sunday. Despite this, TrueUSD has been largely unaffected due to the intervention of the Federal Reserve and the US Department of the Treasury, which have guaranteed that assets will be safe and accessible.

Latest

Jun 27, 4:12 am
Decrypt

Bakkt Seeks SEC Approval to Raise $1 Billion for Potential Bitcoin Acquisitions

Read Summary

Jun 27, 12:41 am
Decrypt

Bitwise's Revised ETF Filings Show Increased Odds for Crypto ETF Approvals: Balchunas

Read Summary

Jun 26, 11:09 pm
Decrypt

Metaplanet's Most Recent Bitcoin Buy Brings Total Holdings to Over $1.3 Billion

Read Summary

Jun 26, 8:04 pm
Decrypt

Bitcoin Options Market Faces a Large Expiry With $15 Billion Set to Expire Soon

Read Summary

Jun 26, 7:21 pm
DL News

Ripple Reveals Planned Upgrades to XRP Ledger—Here's What's in Store

Read Summary

Jun 26, 6:58 pm
Coindesk

Lingerie Fighting Championships Enters the Bitcoin Treasury Ring

Read Summary

Jun 26, 7:05 pm
Decrypt

These Tether and Blackstone Vets Are Launching a $1 Billion Bitcoin, Solana and Ethereum Treasury

Read Summary

Jun 26, 6:31 pm
Decrypt

President Trump's Crypto Project Just Got $100 Million From a UAE Fund

Read Summary

Jun 26, 5:53 pm
Decrypt

What's Next for the Price of Ethereum? Prediction Market and Trading Data Give Clues

Read Summary

Jun 26, 5:33 pm
Decrypt

Cardano and Litecoin Arrive on Coinbase's Base Network

Read Summary

Jun 26, 5:00 pm
Decrypt

Coinbase Stock Nears All-Time High Closing Price Following Bullish Analyst Projections

Read Summary

Jun 26, 3:45 pm
Coindesk

Stablecoin Giant Tether Seeks Board Seat After Investing in Soccer Giant Juventus

Read Summary

Jun 26, 4:09 pm
Coindesk

XRP Ledger Integrates Wormhole Protocol to Boost Crypto Interoperability

Read Summary

Jun 26, 4:04 pm
Decrypt

Kraken Introduces Krak, a New P2P Payments App to Rival CashApp and Venmo

Read Summary

Jun 26, 1:41 pm
Decrypt

Bitcoin and Ethereum Prices Affected by Iran-U.S. Conflict, Leading to Minor Fluctuations in the Market

Read Summary