BlockBeats news, on November 27, TRON founder Justin Sun attended the "Truth on the Ground, Justice Displayed - TUSD Reserve Asset Global Judicial Pursuit Progress Media Briefing" held at the Peninsula Hotel in Hong Kong, and disclosed key facts and interim results regarding the illegal appropriation and embezzlement of TUSD reserves, attracting high attention from the fintech and blockchain industries. Justin Sun

The U.S. government, in the Potapenko/Turogin case, after transferring 667.67 BTC, has once again made small fund transfers involving two seized funds wallets, concerning a small amount of crypto assets related to malware developer Makinin and money laundering perpetrator Krewson.

Gate News bot message, on June 16th, U.S. time, the stablecoin USDC issuer Circle had a strong performance on its first day of trading in the U.S. stock market. Data shows that Circle's stock price briefly reached a high of $165.60, ultimately closing at $151.06, a 434% rise from the $31 issuance price, with a market capitalization of $33.617 billion. According to statistics from the Wu Shuo team, the major global stablecoin projects include USDT, USDC, USDS (formerly DAI), USDE, USD1, FDUSD, PYUSD, XAUT, PAXG, and TUSD. The statistical content covers information such as the market capitalization, issuers, and collateral of each project.

Gate.io News bot reports that according to CoinDesk, the latest documents reveal the key role of TRON founder Sun Zhengyi in the TUSD stablecoin crisis. When TUSD's $456 million reserve funds were frozen, Sun Zhengyi provided emergency assistance. These reserve funds were originally held by the Prime Trust custodian, which ceased operations in June this year. Documents show that Masayoshi Son provided equivalent funding support to TUSD through entities he controls to maintain TUSD's stable operations. This event occurred before the bankruptcy of Prime Trust, when TUSD was facing the dilemma of inaccessible reserve funds.

The circulating supply of Stable Coin has increased by $16.97 billion since early 2025, reaching approximately $211.2 billion, with some Fluctuation in growth rate. The Stable Coins involved include: USDT, USDC, USDE, DAI, FDUSD, PYUSD, TUSD, and FRAX. From mid-January to February, Liquidity expanded again, with increased short-term demand.