TrueUSD depegs to $0.985 amid massive $340m sale

Stablecoin TrueUSD (TUSD) has lost its peg to the U.S. dollar. According to Chainlink, on Jan. 16, TUSD was trading at $0.985. TUSD first fell significantly below its peg around Jan. 15 at 11:00 UTC, falling to $0.984 at 23:15.…