TrueFi, a decentralized finance lending protocol, offers a novel approach to lending, requiring no collateral. The announcement of the dollar-based
TRI token for real-world asset trading notably introduces
TrueFi into the real-world asset (RWA) space. However, a recent occurrence of $4M bad debt remains in limbo, highlighting the risks in crypto lending, especially without collateral.
TrueFi (TRU) is listed on major platforms such as
Coinbase Pro and
Binance, increasing its visibility and accessibility to investors. However, due to SEC-settled fraud accusations against TrustToken and TrueCoin concerning
TrueUSD, there need to be certain caveats regarding the organization’s transparency. In related news, there are reports that Donald Trump's social media company is exploring a cryptocurrency payment service called TruthFi. Trump’s association with crypto has implications across different coins including his meme coins known as $TRUMP and others like Dogecoin. Various analysts estimate the potential value of Ripple's XRP, with suggestions ranging up to an incredible $38,999. Along the asset tokenization front, estimates indicate that the tokenized asset industry could reach a whopping $16 trillion.
TRU Coin News Analytics from Mon, 09 Jan 2012 08:00:00 GMT to Wed, 11 Jun 2025 18:17:39 GMT -
Rating 5
- Innovation 7
- Information 6
- Rumor 2
