TUSD Receives Endorsement from Data Analysis Firm CryptoQuant
Singapore, Singapore, 13th August, 2022, Chainwire TUSD has been endorsed by CryptoQuant, a data analysis firm for cryptocurrencies, ranking in the top eight in the stablecoin efficacy report published July 21. The efficacy report offered an in-depth analysis of eight significant stablecoins in the market (USDT, USDC, BUSD, DAI, FRAX, TUSD, USDP, and GUSD) from four dimensions: peg robustness, price premium, velocity, and accessibility. In terms of peg robustness, TUSD ranks among the top stablecoins. This dimension shows how reliable a stablecoin is during an increase in supply, which occurs when users are redeeming their stablecoins. This is known as