Currencies38520
Market Cap$ 2.24T-0.86%
24h Spot Volume$ 20.30B+3.21%
DominanceBTC56.12%-0.48%ETH10.07%+0.18%
ETH Gas0.06 Gwei
Cryptorank
/

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


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

Share:

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner
  • 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

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

Tether Clears First Full Audit, Giving Markets a Closer Look at Its Books

Tether Clears First Full Audit, Giving Markets a Closer Look at Its Books

Tether completes its first full audit with KPMG, offering fresh insight into its rese...
USDT Supply Shrinks $4B as Crypto Investors Cut Market Exposure

USDT Supply Shrinks $4B as Crypto Investors Cut Market Exposure

USDT supply fell $4 billion in 60 days as Bitcoin stayed below its 2025 peak and stab...