Tron’s Justin Sun Steps In to Stabilize TrueUSD After $456M Crisis

Justin Sun claims FDUSD insolvent, rides to TUSD’s rescue

Justin Sun's attack on the entity's solvency supporting the FDUSD stablecoin draws questions back to his own relationship with its rival, TUSD. The post Justin Sun claims FDUSD insolvent, rides to TUSD’s rescue appeared first on CoinGeek.

Tron’s Justin Sun Steps In to Stabilize TrueUSD After $456M Crisis

Justin Sun’s $456M bailout of TUSD reinforces the urgent need for transparent reserves, robust governance, and stronger safeguards within the global stablecoin ecosystem. TRON’s TRX remains stable as Sun’s intervention in the TrueUSD crisis helps avert collapse, preserving market confidence and reinforcing TRON’s positioning in decentralized finance. Following Justin Sun previous statement that TRON validators will still profit, according to a …

Justin Sun steps in amid TUSD reserve crisis as FDT denies bankruptcy claims