BRIEF-Trueusd Says Truecoin Paused TUSD Minting & Redemption For Small Number Of Signature Bank Users


Reuters | Updated: 13-03-2023 09:11 IST | Created: 13-03-2023 09:11 IST
BRIEF-Trueusd Says Truecoin Paused TUSD Minting & Redemption For Small Number Of Signature Bank Users

* TRUEUSD SAYS TRUECOIN PAUSED TUSD MINTING & REDEMPTION FOR SMALL NUMBER OF SIGNATURE BANK USERS

* TRUEUSD SAYS MINTING & REDEMPTION CONTINUES UNAFFECTED ACROSS THE REST OF OUR BANKING NETWORK * TRUEUSD SAYS A PORTION OF OUR FIAT U.S. DOLLAR FUNDS WERE HELD AT SIGNATURE BANK, WHICH IS NOW FULLY BACKSTOPPED BY THE U.S. FEDERAL RESERVE Source text: bit.ly/3YH7f16 Further company coverage:

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