TrueUSD Scandal Shows Even Trustless Crypto Is Not Free From Trust Issues

In the ever-tumultuous world of cryptocurrency, TrueUSD-the big stablecoin-unraveled quite a mire of controversy underpinning what many would say is one of the biggest problems: issues of trust within an ostensibly "trustless" environment. The incident ultimately shows that even in DeFi-which pride themselves on dispensing with intermediaries-human error and trust deficits are not exactly avoidable either.

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