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TrueUSD Stablecoin (TUSD) Depegged To $0.985 Amid Selloff

The TUSD stablecoin depegged to $0.985 on Tuesday morning Asia time, according to Coinstats data. Stablecoin TrueUSD (TUSD) dropped below its $1 peg.

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Crypto Users Turned to DEXs, Loaded up on USDC after Silicon Valley Bank Crash

With the failure of Silicon Valley Bank, investors loaded their bags with USD Coin $1.00, resulting in a fund flight from controlled exchanges.

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Breaking: Circle discloses $3.3B tied up at Silicon Valley Bank

Circle, a blockchain payment technology startup that also issues USD Coins, acknowledged on March 10 that wire transfers initiated on Thursday to remove.

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