#TrueUSD

TrustToken man presenting THKD Stablecoin audience

TrustToken Inc. Launches Hong Kong Dollar-Pegged Stablecoin TrueHKD

June 25, 2019 by Aisshwarya Tiwari at News, Stablecoins

TrustToken Inc., the company behind the TrueUSD (TUSD) stablecoin has launched a new digital token pegged one-to-one with the Hong Kong dollar, reports Crowdfund Insider, June 24, 2019. TrustToken Enters the Asian Waters In a bid to tap into the lucrative Asian digital currencies space, TrustToken has launched the world’s...

TrueUSD Report Shows almost $200 Million in Escrow

April 10, 2019 by Tokoni Uti at Altcoins, Business, News

TrueUSD has become the latest stablecoin to confirm their fiat-backed status as a report published on April 8, 2019, shows that they have almost $200 million in escrow, roughly equivalent to the amount of TUSD in circulation. Bank-backed Stablecoins are one of the most controversial assets that exist in the...

Institutional Investors Trust TrueUSD as Cryptocurrency Gateway

June 23, 2018 by Kieran Smith at Altcoins, Bitcoin, Blockchain, Finance, News, Tech

Cryptocurrency enthusiasts have long heralded the arrival of institutional money, but expressed concerns over the limitations of trading pairs and the controversy surrounding Tether. TrueUSD Finds Favor Over Tether The recent success of TrueUSD, however, suggests that fiat-backed cryptocurrencies could be the bridge that enables institutional investors to enter the...