TrueFi (TRU) is a decentralized finance protocol that has recently been hitting the headlines for a wide range of reasons. It has unveiled its lending protocol for tokenized real-world assets, sparking a significant jump in its price. Furthermore, its entrance on platforms such as
Coinbase Pro and
Binance have sustained these bullish trends. However, the company has also faced legal battles, settling charges with the SEC over fraud accusations involving TrueCoin and TrustToken over TrueUSD. Hinges of a potential crypto payment service dubbed
TruthFi are also swirling around in the market. This service, speculated to be tied to Donald Trump's social media company, has further fuelled interest in the project. This speculation compounded with sudden surges in price, like the 200% rally following Binance's TUSD mint and the dollar-based
TRI token introduction for real-world asset trading, has kept TRU coin in the spotlight. Nevertheless, caution is recommended given the recent instances of DeFi market exploits, leading to significant financial losses.
TRU Coin News Analytics from Mon, 09 Jan 2012 08:00:00 GMT to Wed, 04 Jun 2025 07:00:00 GMT -
Rating 5
- Innovation 3
- Information 6
- Rumor 3
