![TrueUSD Stablecoin (TUSD) Loses $1 Peg Amid Binance’s FDUSD Focus: Analyst TrueUSD Stablecoin (TUSD) Loses $1 Peg Amid Binance’s FDUSD Focus: Analyst](https://digitallifegaming.com/wp-content/uploads/2023/12/PDZ33YY2H5BTFNZ3HHAFJ4NN5I-768x402.jpg)
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The spike in FDUSD volume, coinciding with TUSD’s de-pegging, suggests a transfer to FDUSD for participating in the FDUSD launch pool and joining the Binance Manta launchpad, Park explained. The launchpad is a popular service that rewards new tokens to investors that lock up specific assets, such as FDUSD or BNB, for a period of time.
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