TrueFi’s TRU Token Rallies Over 200% After Binance’s TUSD Mint Sparks Speculation
The rally appears to come from traders mistakenly connecting TRU with TUSD, a stablecoin that had been issued by TrueFi in the past but now no longer is.

TRU, the governance token of decentralized lending protocol TrueFi, surged 220% on Thursday in an hour, data by CoinMarketCap shows, in a speculative flurry over a Binance stablecoin transaction.
Before the rally took off, Binance, the world's largest crypto exchange by volume, minted $50 million of TrueUSD (TUSD) stablecoin, according to blockchain data. The event sparked speculation among crypto traders about TUSD potentially gaining a larger role in trading on Binance after the regulatory crackdown on the Paxos-issued Binance USD (BUSD).
Read more: BUSD Drama Sets Stage for Stablecoin Market Reshuffling
However, the speculation about the TRU token appears to be misplaced because the issuers of the TrueUSD and TRU tokens were separated a while ago.
TrustToken sold TUSD in 2020 to a firm called Techteryx, according to an announcement by TrustToken Chief Executive Rafael Cosman at the time. The post said Techteryx is an "Asia-based conglomerate with businesses ... in the traditional real estate, entertainment, environmental and information technology industries."
TrustToken also separated from the TrueFi protocol and was renamed Archblock last year, as TrueFi embarked on a road to decentralize the platform.
"Archblock is in the final stages of transferring all TrueFi IP and assets to the TrueFi Foundation, the TrueFi DAO’s legal entity," a TrueFi spokesperson told CoinDesk, referring to the decentralized autonomous organization.
TRU surged as high as 14.6 cents from 4.4 cents on Binance before later paring some of the gains. The token was trading at around 11 cents at press time.
Earlier this week, Paxos said it would halt minting BUSD on the order of state regulator New York Department of Financial Services. Meanwhile, the U.S. Securities and Exchange Commission issued a Wells Notice to Paxos and reportedly was preparing a lawsuit for issuing unregistered securities.
BUSD is the third-largest stablecoin, with a $14 billion market capitalization in rapid decline, and was responsible for 35% of all trading volume on Binance, second to Tether’s USDT, according to data by crypto research firm Kaiko.
Read more: Binance USD's $16B Market Cap Up for Grabs as Paxos Regulatory Action Stirs Up Stablecoin Rivalry
Mais para você
Protocol Research: GoPlus Security

O que saber:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Mais para você
Barclays Sees ‘Down-Year’ for Crypto in 2026 Without Big Catalysts

Spot trading volumes are cooling, and investor enthusiasm is fading amid a lack of structural growth drivers, analysts wrote in a new report.
O que saber:
- Barclays forecasts lower crypto trading volumes in 2026, with no clear catalysts to revive market activity.
- Spot market slowdowns pose revenue challenges for retail-focused platforms like Coinbase and Robinhood, the bank said.
- Regulatory clarity, including pending market structure legislation, could shape long-term market growth despite near-term headwinds.









