Latest TrueUSD (TUSD) News Update

Deep Dive

1. RLUSD Flips TUSD (16 July 2025)

Overview:
Ripple’s RLUSD stablecoin surged to a $517M market cap by mid-July 2025, overtaking TUSD ($490M). Key drivers include BNY Mellon’s custodianship of RLUSD reserves and partnerships like DIVA Donate’s drought insurance pilot in Kenya. Ripple’s focus on enterprise cross-border payments contrasts with TUSD’s stagnant growth.

What this means:
This is bearish for TUSD as RLUSD’s rapid ascent highlights competitive pressures in the institutional stablecoin space. TUSD’s market cap has remained flat since Q2 2025, while RLUSD grew 67% in six weeks. (The Defiant)

2. Upbit Audit Reveals Strong Reserves (30 June 2025)

Overview:
A June 2025 audit by BDO Sunghyun LLC confirmed Upbit held 487% more TUSD than user deposits, the highest surplus among 254 assets. Reserves were validated via on-chain checks and financial reconciliations.

What this means:
This is neutral-to-bullish, reinforcing TUSD’s transparency but raising questions about excess supply utilization. The 487% ratio far exceeds BTC (109%) and ETH (101%), suggesting strong exchange backing but limited organic demand. (Upbit Report)

3. MiCA Delistings Impact EU Access (25 March 2025)

Overview:
Under MiCA regulations, Binance and Coinbase delisted TUSD pairs for EU users by March 2025, citing compliance gaps. TUSD joined USDT and USDP in being restricted, while USDC remained available.

What this means:
This is bearish for TUSD, as losing EU access reduces liquidity and institutional appeal. Post-delisting, TUSD’s 30-day volume fell 6% (August 2025 data), though global turnover remains stable at 0.0934. (Cryptomus)

Conclusion

TUSD faces headwinds from RLUSD’s rise and MiCA compliance but retains pockets of strength via exchange reserves. While its $494M market cap shows resilience, the stablecoin’s ability to innovate beyond audits will determine its relevance. Will partnerships or new use cases emerge to counter regulatory and competitive pressures?

Deep Dive

1. @johnmorganFL: RLUSD Flips TUSD in ETF Race – Bearish

"XRP ETF Launch Triggers $1.7T Race as RLUSD Flips TrueUSD"
– @johnmorganFL (16.2k followers · 284k impressions · 2025-07-16 15:22 UTC)
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What this means: This is bearish for TUSD because RLUSD’s surge reflects shifting capital flows toward ETF-linked stablecoins, potentially eroding TUSD’s market share in institutional portfolios.

2. Cryptomus: MiCA Compliance Crisis – Bearish

"Major exchanges delist TUSD for EEA users by March 2025 under MiCA rules, forcing EU traders to pivot to USDC"
– Cryptomus (2025-03-25 10:41 UTC)
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What this means: This is bearish for TUSD because losing EU trading pairs could reduce liquidity and altcoin integration, though offshore exchanges remain a lifeline.

3. CoinMarketCap: Casino Adoption Grows – Mixed

"TUSD gains traction in gambling via 1–3 minute TRON transactions, but faces 2024 de-pegging to $0.70 and SEC scrutiny"
– CoinMarketCap Community (2025-06-11 00:00 UTC)
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What this means: This is mixed for TUSD – while niche adoption boosts utility, historical volatility and regulatory risks could deter mainstream trust.

Conclusion

The consensus on TUSD is mixed, with bearish regulatory pressures offset by sector-specific adoption. While MiCA delistings and RLUSD competition threaten its position, gambling sector growth demonstrates residual demand. Watch TUSD’s turnover rate (currently 9.57%) for signs of liquidity stress as EU restrictions take full effect.

Deep Dive

1. MiCA Compliance Efforts (25 March 2025)

Overview: TrueUSD faced delistings on major EU exchanges (e.g., Binance) due to non-compliance with MiCA regulations, which emphasize transparency and reserve audits. No codebase upgrades were mentioned to address these requirements.

What this means: This is neutral for TUSD because the delistings reflect regulatory hurdles rather than technical shortcomings. However, reduced EU liquidity could pressure adoption if compliance efforts lag. (Source)

2. Multi-Chain Support Expansion (11 June 2025)

Overview: TUSD’s infrastructure spans 12 blockchains (Ethereum, TRON, BSC), enabling cross-chain transfers. While not a new update, this design supports low fees and fast transactions on networks like TRON.

What this means: This is bullish for TUSD because multi-chain accessibility broadens use cases (e.g., gambling, DeFi). However, reliance on centralized reserve management remains a risk. (Source)

Conclusion

TrueUSD’s development focus appears regulatory and ecosystem-driven rather than codebase innovation. With no major technical updates reported, its stability hinges on compliance and cross-chain utility. How might TUSD balance decentralization demands with evolving regulations?

Deep Dive

1. MiCA Compliance Deadline (31 March 2025)

Overview: TrueUSD faces delisting in Europe under MiCA regulations due to transparency and compliance gaps. Exchanges like Binance will remove TUSD pairs for EEA users by March 2025 unless adjustments are made. This follows reports of TUSD’s exclusion alongside USDT and USDP.
What this means: Bearish short-term pressure due to reduced liquidity in Europe, but resolving compliance could stabilize adoption. Risks include prolonged regulatory friction if audits or reserve disclosures lag.

2. Velo USDV Integration (Q3 2025)

Overview: TUSD serves as primary collateral for Velo’s USDV stablecoin, enabling remittance settlements and cross-chain swaps via Squid. This builds on existing BNB Chain and Ethereum interoperability.
What this means: Bullish for utility expansion, as cross-chain demand could increase TUSD’s transactional footprint. However, competition from USDC in similar roles may limit upside.

3. Gambling Ecosystem Growth (2025)

Overview: TUSD is gaining traction in crypto casinos (e.g., BC.Game, Bitstarz) for low-fee, stable transactions. A June 2025 analysis highlights its use in 10+ gambling platforms, though de-pegging risks (~$0.985 in Jan 2024) persist.
What this means: Neutral-to-bullish for adoption, as gambling verticals drive volume but expose TUSD to niche market volatility and regulatory scrutiny.

Conclusion

TrueUSD’s roadmap hinges on regulatory compliance and cross-chain utility, with MiCA deadlines and Velo’s USDV integration as critical near-term drivers. While gambling partnerships offer growth, maintaining the peg and transparency remains pivotal. Will TUSD’s multi-chain strategy offset regulatory headwinds in key markets?