According to H.E. Justin Sun (@justinsuntron), he has extended a $500 million loan to save TUSD and shield token holders from significant losses due to FDT's collapse. By taking on this financial risk, Sun aims to protect the broader cryptocurrency market from potential collateral damage. This move is critical for maintaining confidence in TUSD and stabilizing the associated trading markets. Source: Twitter.

According to @FarsideUK, a disagreement has emerged regarding TUSD's financial health. @CoinDesk reported a $456 million deficit in TUSD's reserves. Conversely, @LedgerLensTM's 'real-time reserve balance dashboard' in September 2023 indicated that TUSD was solvent. This conflicting information could impact traders' confidence in TUSD, potentially affecting its market price and liquidity. Traders should monitor updates from both sources to make informed decisions.

According to Crypto Rover, Justin Sun has intervened to bail out TUSD after the stablecoin experienced a $500 million deficit in its balance sheet attributed to large scale fraud. This significant financial maneuver by Sun is expected to stabilize TUSD's market value and restore investor confidence. Crypto traders should monitor TUSD's trading volume and price stability closely following this development.

According to @EmberCN, Sun's team transferred the last 175.7 million TUSD they held on the Ethereum chain to HTX an hour ago. Over the past two days, a total of 392.3 million TUSD has been transferred to HTX. As a stablecoin, TUSD appears to be 'nominally dead' with a total circulation of only 495.5 million, of which Sun's team holds 394.3 million (now mostly transferred to HTX).

According to PeckShieldAlert, a Justin Sun-labeled address (0x9FCc...8c19Fe) transferred 72 million TUSD to HTX within the last 12 hours. The address still holds 175.7 million TUSD.

According to @EmberCN, in the past two hours, addresses related to Justin Sun's team transferred a total of 216.6 million TUSD to HTX on both the Tron and Ethereum blockchains. Currently, the total supply of TUSD is 495.5 million, with Justin Sun's team holding 394.3 million TUSD. This includes the recent transfer of 216.6 million TUSD to HTX and an additional 177.7 million TUSD held in other addresses.

According to @intotheblock, the stablecoin market cap has surged to a 2-year high of $164 billion, largely driven by the growth of Tether (USDT). USDT now commands a 70% market share, while USD Coin (USDC) holds 21%. Other stablecoins like DAI, FDUSD, and TUSD have smaller market shares.