Stablecoin TUSD Remains Below Intended $1 Peg as Avara’s GHO Surges to Near-Peg Heights
![Stablecoin TUSD Remains Below Intended $1 Peg as Avara’s GHO Surges to Near-Peg Heights](https://coinmetanews.com/wp-content/uploads/2024/02/Stablecoin-TUSD-Remains-Below-Intended-1-Peg-as-Avaras-GHO.jpg)
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Market analysis reveals ongoing stability challenges for the stablecoin trueusd in maintaining its targeted $1 peg. As of 10:30 a.m. Eastern Time (ET) on Jan. 25, 2024, the token’s trading value fluctuated between $0.979 and $0.981. Concurrently, the Aave-developed stablecoin GHO has seen a rise to the $0.99 mark, a notable recovery considering its consistent […]
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