Binance mints $130 million TUSD in a week

Blockchain data by crypto intelligence firm Nansen shows that Binance, the world’s largest crypto exchange by trading volume, minted some $130 million worth of TUSD in the past seven days.

TUSD has toppled decentralized finance protocol Frax Finance’s native stablecoin frax (FRX) for fifth place in market value by growing 15% over the last week.