TechFlow reports, according to EmberCN monitoring, one hour ago an address linked to Justin Sun's team transferred the remaining 175.7 million TUSD held on Ethereum into HTX. Over the past two days, a total of 392.3 million TUSD has been moved into HTX.
EmberCN stated, "As a stablecoin, TUSD currently appears to be 'existing in name only.' The total circulating supply is merely 495.5 million, with Justin Sun's team holding 394.3 million (which has now almost entirely been transferred into HTX)."
"All other CEXs, DeFi protocols, and on-chain addresses combined hold just another 101 million TUSD, of which Binance holds 16.51 million within its platform."
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