After investors withdrew funds one after another, the US dollar fell to 0.984 US dollars.
TUSD depegged down to $0.984 (-1.3%) yesterday after investors cashed out. Due to TrueUSD's inability to provide real-time clarification of the collateral assets it holds, the market speculated that TUSD It is a stablecoin that is under-collateralized. (undercollateralized)