TrustToken Expands Position of Leading Stablecoin TrueUSD with New Partnerships Alongside Additional Investment in Regulatory Compliance
FIRST REPUBLIC BANK (FRC)
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Source: PR Web
SAN FRANCISCO (PRWEB) May 16, 2018 TrustToken, the asset-backed platform behind TrueUSD, has announced that its stablecoin product TrueUSD (TUSD) will be listed as a trading pair with Binance Coin, Bitcoin and Ethereum on the Binance trading platform. In comparison to the exchange's existing cryptocurrencies such as Bitcoin, Ethereum, and Tether, TrueUSD is the only price-stable, independently-verified, and fully-collateralized coin among them. This news follows the company's recent announcement that TrueUSD surpassed $12M in circulation in just two months since its launch."TrustToken is excited that TrueUSD is the only fully-collateralized stablecoin to launch on Binance. This makes TrueUSD available to the over $2 billion of daily trades on the world's most popular cryptocurrency exchange. TrueUSD is live on the top global exchanges and we look forward to making it available to as many traders as possible. The third-party fiduciaries who hold the escrowed funds and the accountants
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