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Binance Mints Almost 50 Million TUSD Stablecoin; TRU Token Rises 200%

According to a tweet from Whale Alert, on Feb. 16, Binance purchased nearly 50 million, a stablecoin running on the Ethereum blockchain.

The exchange minted nearly 50 million TUSD on Feb. 16.

Following the minting, the TRU token has risen in the last few hours by 200%, despite its relatively small market cap.

TrueUSD TrueUSD $1.00
+0%
Binance TUSD
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