SEC charges claim TUSD is backed by risky offshore funds, causing concerns for Curve stablecoin.

From Cointelegraph

September 25, 2024 3:25:24 pm:

The regulator claims that TUSD is 99% backed by a risky offshore fund, sparking worries about its stability as a backing for Curve’s stablecoin.

Read more at Cointelegraph: Curve mulls dropping TUSD as crvUSD backing after SEC charges