TUSD Stablecoin Has $26k of Funds at ‘U.S. Depository Halting Withdrawals,’ Reserve Report Says

Attestation supplier The Community Agency’s examination revealed on June 23 that $26,434 value of TUSD backing property “had been held at a U.S. depository establishment which has communicated to prospects that the establishment has been ordered by state regulators to halt deposits and withdrawals for fiat and digital asset accounts.” It added that $26,269 of the funds “relate to buyer withdrawals for redeemed tokens.”