TrueUSD price

Recently, the topics of RWA and stablecoins have been discussed more and more, especially after Circle's push for listing. More and more stablecoin project parties believe that stablecoins issued based on U.S. Treasury bonds are the most stable and ensure fixed income products. However, in reality, there are still few people doing this. The reason is that although the returns are stable, the yield of around 4% may not be enough to subsidize the market. Secondly, the purchasing power market for stablecoins is already saturated enough. USDT and USDC have already taken the largest market share, and other stablecoins, even the veteran DAI, are in a minor state in the market, not to mention the support from exchanges. FDUSD and TUSD are the best examples. So why are there still people using stablecoins without payment and purchasing links? It's because of the "yield." Since the start of stable calculations in 2020, stablecoins have been used less and less as a payment method and more as protocol support to provide yields. Staking is the best protocol. The early DAI was based on this principle, obtaining stablecoin exposure through over-collateralizing ETH. But as ETH price fluctuations increased, DAI has transformed from a stablecoin to a "staking platform." So why not directly use U.S. Treasury bonds as collateral, which is more stable and less worrying? Although the yield may decrease, stability increases, liquidation decreases, and applicability also improves. However, there is indeed still a large demand for $BTC and $ETH collateral on-chain, and on-chain lending is now the best way to confirm yields in DeFi. Therefore, using BTC and ETH lending to leverage users' spot positions and using U.S. Treasury bonds to hedge risks is a very standard combination. Liquid funds continuously surpass passive strategies through the lending market, liquidity provider positions, and yield maximization strategies, fully utilizing assets. Resolv's collateral pool will develop into a set of isolated, yield-optimized asset clusters, integrating blue-chip DeFi protocols. But since there are already many protocols for ETH and BTC in the market, there is a more "wild" play, adding altcoin and contract collateral and hedging into the yield pool to expand yields. Resolv captures synthetic dollar yields from these high-interest environments by building a hedged altcoin vault while maintaining risk control. @ResolvLabs is such a play. Resolv is a neutral spread stablecoin architecture, with the core being $USR, a stablecoin pegged to the U.S. dollar, including neutral Delta perpetual contracts, staking, lending, and re-staking. It also adopts a dual-coin scheme, where $USR serves as the stable yield layer and can be regarded as a stablecoin directly generated from collateral, while $RLP gains yields through volatility. Currently, Resolv also collaborates with Pandle, supporting USR staking and point acquisition on Pandle.

STABLECOINS, SCANDALS & SUN’S $50M BOUNTY Tron’s Justin Sun compares First Digital Trust’s alleged $456M unauthorized TUSD transfer to the FTX collapse—calling it "significantly worse." He claims the funds were funneled to a shady Dubai firm without client consent. Sun is offering a $50M bounty to recover the assets and defend Hong Kong’s reputation. FDT, however, denies insolvency and says it’ll pursue legal action, calling the claims malicious. Will this reshape trust in stablecoins and prompt tighter oversight? Source: @BTCTN

.@launchy_ newsletter - April 4, 2025 • Sun v. FDT: Behind the $456M TUSD Bailout & Legal Firestorm • Paradigm CTO Questions Solidity’s Future • HBAR Foundation and OnlyFans Founder Bid to Acquire TikTok and many more

Congratulations on USDD minting volume surpassing 300 million! TRON stablecoin enters a new phase 🎉 Habitually, the first thing I do upon waking is to review TRON's data. Just opened the USDD official website and found that the minting volume has officially exceeded 300 million! This marks a new phase for TRON's ecosystem stablecoin and further proves the market's recognition of USDD. From February until now, USDD's pace has become increasingly stable. Let's look back at USDD 2.0 launched in February this year, featuring a high APY + over-collateralization combo, offering up to 20% annual subsidy, which is particularly attractive in the current market environment where stablecoin yields are generally weak. From the data, in just two months, USDD's market cap has steadily grown to $330 million, and the minting volume has successfully surpassed the 300 million mark, with a growth rate and number of participants far exceeding market expectations. PSM lossless exchange + Justin Sun's $500 million support, USDD's stability is more solid. Compared to other stablecoins, one significant advantage of USDD is the PSM (Peg Stability Module) exchange mechanism—users can exchange USDT 1:1 without loss through TRON's official channels, greatly enhancing USDD's liquidity and "exchangeability." Meanwhile, TRON's ecosystem and Justin Sun's financial backing are there to support it. Recently, TUSD fell into a liquidity crisis due to reserve issues, and Justin Sun decisively injected $500 million to aid, stabilizing market sentiment. This move not only demonstrates his long-term confidence in the stablecoin market but also indirectly strengthens external trust in USDD. USDD is not fighting alone; it is a "serious project" with a team, channels, and real money. Surpassing 300 million is just the beginning. Breaking the 300 million minting volume is an important milestone, but not the end. The next exciting thing is how USDD will integrate into more application scenarios. The true value of a stablecoin is not just in pegging and minting, but in whether it can be used, circulated, and relied upon. However, from the current trend, USDD has already found its own rhythm. While others are still discussing "whether it can be stable," USDD is already expanding its territory. TRON now is not just catching up but defining its own stablecoin logic. @justinsuntron @usddio #TRONEcoStar

On April 2, 2025, Justin Sun once again set the crypto world abuzz. As reported by CoinDesk, Sun stepped in with a critical injection of liquidity to support TrueUSD (TUSD) amid a staggering $456 million reserve gap—averting a potential depegging crisis that could have rocked the stablecoin ecosystem. "Godzilla was destroying the city. I’m Ultraman—I came in and punched Godzilla to save everyone," Sun told Hong Kong media outlet Sing Tao Daily, in his trademark flair. But behind the theatrics lies a much graver mission. Sun is taking on the alleged fraud by First Digital Trust (FDT) and its affiliated partners, urging Hong Kong regulators & and law enforcement agencies to take decisive measures to address these loopholes.  "These assets are essentially public users’ money," he said. "To protect users and uphold Hong Kong’s credibility as a global financial hub, I had to step in. The scale of the fraud shocked me. All fraudsters must be held accountable." A Relentless Defender of Crypto Crypto has always been a volatile adventure. Bull runs feel like reaching for the stars, while crashes leave only wreckage. But in these uncertain times, Justin Sun has made it his role to keep the lights on. He’s not just a survivor—he’s a watchman. Someone who shows up when others hesitate. The Ethereum Showdown: Twice Tested, Never Broken Sun’s relationship with Ethereum has been nothing short of a saga. During the infamous May 19, 2021 crash, ETH dipped below $2,000 and Sun was inches away from liquidation. He repaid $300 million just in time to protect his 606,000 ETH position and threw in another $280 million to buy more ETH and BTC at fire-sale prices. “My assets were safe, but it felt like a bullet grazed my scalp. The wick was brutal,” he wrote on Weibo. It wasn’t just a trade. It was a battle of conviction. He shielded his own position while keeping the crypto dream alive. In 2024, ETH lagged in performance and Sun faced fresh rumors of massive losses and sell-offs. Instead of retreating, he proposed bold plans: Halt ETH Sales, heavily tax Layer 2 solutions, streamline foundation & optimize revenue. Wild? Maybe. But Sun has always married ambition with execution. Reviving HTX: From Burnout to Breakout Critics once joked that Sun "got burned" buying into HTX (formerly Huobi). When he stepped in as Global Advisor in October 2022, the market was reeling from FTX’s collapse, and centralized exchanges were under siege. HTX had lost ground—and users. Today, HTX is thriving. Trading volume and user activity are up, euro-stablecoin trading is on top three globally, and its CIS market share is dominant. It even made Forbes’ list of "Top 25 Most Trustworthy Crypto Exchanges of 2025." The same exchange that once looked like a liability? Now a pillar of Sun’s empire. FTX Fallout: Standing in the Storm When FTX collapsed in November 2022, chaos swept the markets. Sun publicly pledged to support TRON-related tokens and HT assets with 1:1 redemption. He even told Bloomberg he was prepared to inject "billions" to help FTX, subject to due diligence. FTX ultimately folded, but Sun’s swift move bought time for users and preserved value within the TRON and HTX ecosystems. The Curve Crisis: DeFi Gets a Lifeline DeFi’s fragility was exposed again in 2023 when Curve Finance was hacked. Founder Michael Egorov faced possible liquidation on $100M in loans. As CRV tanked, Sun and allies stepped in, purchasing 72 million CRV for $28.8 million to shore up the protocol. He didn’t stop there—Sun launched a stUSDT pool on TRON, giving the ecosystem a boost. Some say it was strategic self-interest. But in a storm, does it matter who holds the umbrella, as long as someone does? Controversial but Unshaken Sun’s name always invites debate. Opportunist or idealist? Visionary or self-promoter? The truth probably lies somewhere in between. Yes, he’s bold. Yes, he’s ambitious. But when others flee, he steps forward. From converting $HT to $HTX, to partnering with WLFI on reserve-backed assets, Sun continues to bet on crypto’s long-term future. “I’m not here to make a quick buck,” he once said. “I want to build something that lasts." Love him or not, in the darkest hours of Web3, Justin Sun has made a habit of showing up with a flashlight.