TrueUSD (TUSD) Daily Market Analysis 12 February 2026

TrueUSD (TUSD) Maintains Peg Amid Legal Disputes Over Reserve Custody

TrueUSD is trading at $0.9984 USD with a 24-hour trading volume of $16,455,690.11 USD, maintaining its designed 1:1 peg to the U.S. dollar. The stablecoin holds a market capitalization of $493.7 million and ranks #76 on CoinMarketCap.

Market Performance and Stability

TUSD is trading at $0.9984 today with a 24-hour trading volume of $8,118,960.97, representing a 0.00% price decline in the last 24 hours and a 0.30% price increase in the past 7 days. The stablecoin's minimal price fluctuations reflect its core design as a stable store of value, with TUSD outperforming similar stablecoin cryptocurrencies which are up 0.10%.

Ongoing Legal Dispute Over Reserve Custody

TrueUSD is currently subject to a worldwide freeze order issued by Dubai's Digital Economy Court on $456 million linked to its reserves, amid an ongoing legal dispute over the custody and use of these funds. The freeze aims to secure the assets while ownership and obligations are determined in court.

The dispute stems from Sun's claim that FDT misappropriated $465 million worth of TrueUSD stablecoin reserves, while FDT denies all allegations. Sun stepped in with a critical injection of liquidity to support TrueUSD (TUSD) amid a staggering $456 million reserve gap—averting a potential depegging crisis that could have rocked the stablecoin ecosystem.

Transparency and Verification Infrastructure

TrueUSD is attested to in real-time by an independent, industry-specialized accounting firm in the U.S., to ensure the 1:1 ratio of its USD reserve to the circulating token supply and the 100% collateral rate. With the integration of Chainlink PoR, TrueUSD becomes the first USD-Backed stablecoin to secure minting and further ensure transparency and reliability.

Exchange Availability and Trading Activity

The most popular exchange to buy and trade TrueUSD is Gate, where the most active trading pair TUSD/USDT has a trading volume of $1,316,289.37 in the last 24 hours. Other popular options include Binance and MEXC.

TrueUSD (TUSD) Price Analysis - 24 Hour Movement

Current Price and Change

TrueUSD is trading at $0.9978, with a minimal 0.02% increase over the past 24 hours. This negligible price movement is entirely consistent with TUSD's design as a stablecoin pegged to the US Dollar.

Market Context

The stablecoin maintains a market capitalization of approximately $493.4 million with 24-hour trading volume of $3.38 million. The price deviation from the $1.00 peg—currently trading at a 0.22% discount—reflects normal market dynamics for stablecoins, where minor fluctuations occur due to supply-demand imbalances across different blockchain networks and trading venues.

Key Observations

• Hourly volatility: +0.04% price change in the last hour indicates minimal intraday movement
• Weekly trend: -0.03% over seven days shows stable performance
• Volatility score: 0.14 (extremely low), confirming TUSD's stability function
• Risk score: 57.4, reflecting moderate counterparty and operational risks typical of centralized stablecoins

Analysis

The marginal price increase is not driven by market catalysts but rather represents normal peg maintenance behavior. Stablecoins like TUSD are designed to remain stable rather than appreciate, with any deviation from $1.00 typically triggering arbitrage activity that restores the peg. The slight positive movement may reflect minor arbitrage opportunities being corrected by market participants.

Market Sentiment Analysis: TrueUSD (TUSD)

Overall Sentiment: Neutral with Underlying Concerns

TUSD exhibits a predominantly neutral market sentiment today, characterized by stable price performance near its $1.00 peg but tempered by ongoing concerns regarding reserve custody and regulatory scrutiny. Across all social media platforms, TrueUSD has an average sentiment score of 4.4 out of 5, though this masks significant underlying tensions within the stablecoin ecosystem.

Social Media and Community Sentiment

Twitter sentiment data reveals mixed positioning among market participants. On Twitter, people are mostly bullish about TrueUSD, with 59.47% of tweets showing bullish sentiment compared to 10.52% showing bearish sentiment, while 40.53% of tweets were neutral. However, community engagement remains limited, with 126 unique individuals talking about TrueUSD and it ranked #696 in most mentions and activity from collected posts.

The low engagement levels reflect reduced attention to TUSD compared to larger stablecoins, suggesting a consolidation phase rather than active growth momentum.

Trader Positioning and Market Indicators

Price Stability and Peg Maintenance: TUSD maintains its designed peg with minimal deviation. The stablecoin is trading at approximately $0.9974, demonstrating consistent stability characteristic of its design as a USD-pegged asset. The trading volume of TrueUSD (TUSD) is $8,117,685.24 in the last 24 hours, representing a 11.20% increase from one day ago and signalling a recent rise in market activity.

Price Movement Metrics:

• 24-hour change: +0.02%
• 7-day change: -0.07%
• Market cap: $493.25 million (ranked #101)

These minimal fluctuations are expected for a stablecoin and indicate proper peg maintenance.

Critical Underlying Issues Affecting Sentiment

Reserve Custody Dispute: TrueUSD is currently subject to a worldwide freeze order issued by Dubai's Digital Economy Court on $456 million linked to its reserves, amid an ongoing legal dispute over the custody and use of these funds. The freeze aims to secure the assets while ownership and obligations are determined in court. This represents a significant headwind to market confidence despite the maintained peg.

Regulatory and Credibility Concerns: S&P Global Ratings assigned TrueUSD (TUSD) its lowest score of 5/5 due to concerns about its ability to maintain its $1 peg, citing scarce reserve information and weak governance. This rating followed a Dubai court's freeze of nearly $456 million of TUSD reserves linked to Techteryx, which is connected to Justin Sun.

Recent Sentiment Shifts

The market sentiment has shifted from cautious optimism to defensive positioning. HTX, advised by Justin Sun, transferred up to $406 million in TrueUSD (TUSD) tokens to addresses that may be redemption addresses, raising questions about the nature of these transactions and the status of TUSD reserves, indicating potential large-scale redemptions or repositioning.

Market Activity Assessment

TrueUSD is becoming less newsworthy, with 0 news articles published about TrueUSD, reflecting reduced media attention and market interest. The absence of news coverage combined with the reserve custody issues suggests market participants are adopting a "wait and see" approach.

Stablecoin Market Context

The stablecoin market cap has hit $168 billion, driven by innovation, regulatory clarity, and rising institutional participation. TUSD's relatively modest market cap and declining share of this expanding market indicate competitive pressure from larger, more established stablecoins with clearer governance structures.

TrueUSD (TUSD) Technical Analysis

Current Market Status

Price: $0.9974 Market Cap: $493.2 million 24h Volume: $3.38 million Available Supply: 494.5 million TUSD

Price Movement Analysis

Key Technical Observations

Stablecoin Peg Dynamics

As a USD-pegged stablecoin, TUSD is trading at $0.9974, representing a 0.26% deviation below the $1.00 peg. This minor discount is typical for stablecoins and remains within normal operational parameters.

Price Stability Metrics

• Minimal volatility: Price movements across all timeframes are negligible (±0.07% over 7 days)
• Tight trading range: The stablecoin maintains its designed stability with minimal fluctuation
• Volume characteristics: $3.38 million in 24h volume reflects typical stablecoin trading patterns used primarily for liquidity and settlement purposes

Support & Resistance Levels

Resistance Level: $1.0000 (psychological peg level)

• Primary target for price normalization
• Standard redemption level

Support Level: $0.9950

• Current trading zone
• Typical floor for stablecoin discounts

Critical Support: $0.9900

• Represents maximum acceptable deviation before arbitrage opportunities emerge

Market Dynamics

Volume Analysis: The moderate trading volume reflects TUSD's role as a utility stablecoin rather than a speculative asset. Volume patterns are consistent with stablecoin usage for:

• Cross-exchange transfers
• Liquidity provision
• Settlement mechanisms

Outlook: TUSD is functioning as designed with price stability maintained near peg. The slight discount is normal market behavior for stablecoins and does not indicate distress. Technical analysis for stablecoins differs fundamentally from volatile assets—the focus is on peg maintenance rather than directional price movement.