Why did TUSD lose peg?

Why did TUSD lose its peg? This is a question that has been baffling many in the cryptocurrency and finance industries. TUSD, as a stablecoin, was designed to maintain a fixed value, often pegged to a fiat currency like the US dollar. However, recently, we've seen a deviation from this peg. Could it be due to a shift in market sentiment? Or perhaps a change in the underlying supply and demand dynamics? Maybe there's been some regulatory intervention or technical glitch that's affecting its stability? It's crucial to understand the reasons behind this loss of peg, as it not only impacts TUSD holders but also reflects on the broader stability of the cryptocurrency market. We need to delve deeper into the intricacies of this phenomenon and identify the root causes to ensure a smoother and more predictable future for these digital assets.