$TRU Price Goes Up by 33.25% Over Last 24 Hours

According to TokenInsight data, the TrueFi ($TRU) price went up by 33.25% over the last 24 hours, trading at $0.084825 now.

The price of $TRU went up 115.06% in the last 30 days.

TrueFi, launched by TrustToken, is a Ethereum-based DeFi credit protocol that facilitates uncollateralized loans. It offers fixed-term, zero collateral (unsecured) loans to vetted institutional borrowers. $TRU token is the governance token of TrueFi.

as we previously reported, it should be noted that TrustToken, the issuer of the TrueUSD ($TUSD) stablecoin, was no longer the ultimate owner of the product/business line since 2021, but the $TUSD team continued to be involved in running TUSD for compliance and management of underlying reserves.

Binance has minted approximately $130 million worth of TrueUSD ($TUSD) stablecoins in the past seven days, according to blockchain data by crypto intelligence firm Nansen.