TrueFi (TRU), originally by TrustToken and TrueCoin, is a leading Credit Protocol in the DeFi space. Its introduction has brought changes in the crypto industry, raising questions whether its unique approach is innovation or just hype. Recently,
TrueFi unveiled a lending protocol for tokenized real-world assets, leading to a surge of the TRU coin by 14%.
TrueFi has shown significant growth in the past week, with a 76% surge appreciated by investors. However, in a turn of events, TrustToken and TrueCoin settled fraud accusations with SEC over Stablecoin Investing. On the other hand, TRU was listed on Coinbase Pro along with other cryptocurrencies such as Axie Infinity (AXS), Request (REQ), and Wrapped Luna (WLUNA). The platform simplifies how people can buy TRU across different regionss; it explains how to buy TRU for intermediaries from Cayman Islands, to Bahamas and even right up to Fiji. Yet, despite its success and expansion, TrueFi's unsecured crypto lending was hit with a $4M bad debt, highlighting crypto lending's inherent risk. These mixed situations represent a dynamic crypto environment, wherein the suspension of disbelief is encouraged amidst an often unfamiliar territory.
TRU Coin News Analytics from Mon, 09 Jan 2012 08:00:00 GMT to Thu, 17 Jul 2025 16:12:16 GMT -
Rating 5
- Innovation 6
- Information 7
- Rumor -4
