TrueFi (TRU), a collateral-free DeFi lending protocol, has been gaining attention in the crypto industry. The protocol recently introduced a dollar-based TRI token for real-world asset trading. The protocol also revealed its lending service for tokenized real-world assets, causing TRU's value to increase by 14%. The cryptocurrency’s performance has been impressive, with TRU exhibiting a rally of over 200% following speculation about Binance’s TUSD Mint.
Additionally,
TrueUSD, a stablecoin associated with TrueFi, is under scrutiny. Charges have been settled against TrueCoin, TrustToken over TrueUSD, caused by accusations of fraud related to stablecoin investing. TrueFi also had a $4M bad debt incident revealing the risks of crypto lending. Despite these setbacks, the value and potential of TrueFi cannot be undermined.
The possibility of
TRU being listed on platforms like Coinbase Pro could help strengthen its position in the market. The blockchain world sees TRU as a highly valuable coin considering its collateral-free lending and real-world asset tokenization. Future predictions see TRU hitting $0.6 between 2023-2030.
Donald Trump’s involvement in the crypto space through a new fintech, Truth.fi, and the exploration of a payment service fuel the coin’s popularity. TrueFi's potential in the DeFi market was further validated by firms like a16z. With the ongoing developments, TrueFi holds potential for robust future performance.
TRU Coin News Analytics from Fri, 09 Nov 2007 08:00:00 GMT to Tue, 27 May 2025 22:05:31 GMT -
Rating 6
- Innovation 3
- Information 7
- Rumor -2
