TrueUSD: Some fiat dollars are held at Signature, and the minting and redemption of TUSD for these users has been suspended

ChainCatcher news, TrueUSD tweeted that the U.S. government announced the closure and support of Signature Bank, therefore TrueCoin has suspended TUSD minting and redemption for a few Signature Bank users. The minting and redemption for other users in the TrueUSD banking network remain unaffected. Additionally, a portion of TrueUSD's fiat USD funds is held at Signature Bank, which is now fully supported by the Federal Reserve. Currently, TrueUSD will directly contact TUSD users at Signature Bank. (source link)