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MainNewsJustin Sun I...

Justin Sun Injects Fresh $815M Worth of TUSD Into Circulation


by CoinEdition
Justin Sun Injects Fresh $815M Worth of TUSD Into Circulation
  • Justin Sun minted $815 million in TUSD stablecoins on Friday, September 15, 2023.
  • The newly minted TUSD was replaced by stUSDT and deposited into JustLend.
  • JustLend’s total value locked (TVL) rose by 21.5% in the past 24 hours.

Justin Sun, a member of the HTX board, minted $815 million in TUSD stablecoins on Friday, September 15, 2023. According to reports, the newly minted TUSD was replaced by stUSDT and deposited into JustLend, enabling JustLend’s total value locked (TVL) to rise by 21.5% in the past 24 hours.

In a recent post on X (formerly Twitter), the famous Chinese crypto reporter Colin Wu noted that Sun claimed the transactions were personal and had nothing to do with HTX’s business.

The transaction details first appeared on Tronscan last Friday at 11:45 …

The post Justin Sun Injects Fresh $815M Worth of TUSD Into Circulation appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Stablecoins Could Bring 'ChatGPT' Moment to Blockchain Adoption, Hit $3.7T by 2030: Citi

Stablecoins Could Bring 'ChatGPT' Moment to Blockchain Adoption, Hit $3.7T by 2030: Citi

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Justin Sun Tops TRUMP Token Leaderboard with 1.17 Billion Tokens Ahead of Trump Dinner Event

Justin Sun Tops TRUMP Token Leaderboard with 1.17 Billion Tokens Ahead of Trump Dinner Event

TRON founder Justin Sun is now the largest known holder of the TRUMP meme token and h...
MainNewsJustin Sun I...

Justin Sun Injects Fresh $815M Worth of TUSD Into Circulation


by CoinEdition
Justin Sun Injects Fresh $815M Worth of TUSD Into Circulation
  • Justin Sun minted $815 million in TUSD stablecoins on Friday, September 15, 2023.
  • The newly minted TUSD was replaced by stUSDT and deposited into JustLend.
  • JustLend’s total value locked (TVL) rose by 21.5% in the past 24 hours.

Justin Sun, a member of the HTX board, minted $815 million in TUSD stablecoins on Friday, September 15, 2023. According to reports, the newly minted TUSD was replaced by stUSDT and deposited into JustLend, enabling JustLend’s total value locked (TVL) to rise by 21.5% in the past 24 hours.

In a recent post on X (formerly Twitter), the famous Chinese crypto reporter Colin Wu noted that Sun claimed the transactions were personal and had nothing to do with HTX’s business.

The transaction details first appeared on Tronscan last Friday at 11:45 …

The post Justin Sun Injects Fresh $815M Worth of TUSD Into Circulation appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Stablecoins Could Bring 'ChatGPT' Moment to Blockchain Adoption, Hit $3.7T by 2030: Citi

Stablecoins Could Bring 'ChatGPT' Moment to Blockchain Adoption, Hit $3.7T by 2030: Citi

Stablecoin issuers could become one of the top U.S. Treasury holders, surpassing majo...
Justin Sun Tops TRUMP Token Leaderboard with 1.17 Billion Tokens Ahead of Trump Dinner Event

Justin Sun Tops TRUMP Token Leaderboard with 1.17 Billion Tokens Ahead of Trump Dinner Event

TRON founder Justin Sun is now the largest known holder of the TRUMP meme token and h...