First Mover America: First Leveraged Bitcoin ETF in US Trades $5.5M on Day One

Dollar-pegged stablecoin trading on TrueUSD (TUSD) Discount Relative to peer tether (USDT) binance.usAmerican subsidiary of Binance. As of press time, the TUSD/USDT pair was trading at 89 cents. binance.usIt hit a low of 80 cents on Wednesday, data from charting platform TradingView shows. On Binance, the pair traded around $0.9980. Volatility in stablecoins, which have evolved over the past three years as funding currencies, often feed into the broader market, although this has not been the case so far in this instance as bitcoin continues to trade in a narrow range above $30,000. Is. TUSD, with a market cap of $3 billion, poses less systemic risk to the broader market than Tether, which has a market cap of $83 billion.