[Binance issues $130 million worth of TUSD for the past 7 days]5th place in Stablecoin's market capitalization]

Citing data from blockchain analysis company Nansen, CoinDesk reported that Binance has issued True USD (TUSD) worth about USD 130 million over the past seven days. As a result, TUSD ranked fifth in terms of market capitalization of Stablecoin. This is interpreted as an effect of the US regulatory authorities' crackdown on Binance USD (BUSD) stablecoins. According to Coingeco's data, TUSD's distribution supply exceeded null.1 billion, the highest level since August. According to blockchain data provider ChainLink's reserve proof monitoring, the stablecoin is 100% guaranteed by legal assets.