According to Eleanor Terrett, Rep. Stephen Lynch expressed concerns during the House markup of the STABLE Act, stating that it is a 'certainty' that stablecoins, such as the one launched by World Liberty Finance, will 'depeg and need a bailout.' He warned that this scenario would ultimately impact the American taxpayer adversely. Such statements highlight potential risks for investors and traders in the stablecoin market, raising questions about the stability and regulatory oversight of these digital assets.

According to Crypto Rover, Justin Sun has intervened to bail out TUSD after the stablecoin experienced a $500 million deficit in its balance sheet attributed to large scale fraud. This significant financial maneuver by Sun is expected to stabilize TUSD's market value and restore investor confidence. Crypto traders should monitor TUSD's trading volume and price stability closely following this development.