The Bitlnka cryptocurrency exchange has added TrueUSD (TUSD) to its exchange platform. The Bitlnka team expressed, “TrueUSD enables traders to seamlessly transfer cryptocurrency assets while ensuring a stable value with respect to the U.S. dollar.” The exchange has enabled the users to make deposits and withdrawals with TrueUSD which are traded against USD, euro, yuan, and others.
The Exodus crypto trading platform has listed Ripple (XRP) and TrueUSD (TUSD) on its platform. The company announced the same through a blog post. The company quoted, “A TUSD token is worth 1 USD. Fiat-backed cryptocurrencies are pretty stable and are something which the users of the platform had been asking for from quite a long time.”
The Zebpay has unveiled a new coin called the TrueUSD (TUSD). The iOS and Android users would be able to deposit the coin on the Zebpay wallet. The exchange enables the users to transfer the TUSD coin from their wallet to any wallet without the attraction of the net transfer fee. The withdrawals of are to be made available from 6th August.
Bittrex crypto exchange has begun its second phase of fiat trading system. The company has already unveiled its USD trading system in the midst of corporate customers which was its initial phase. The cryptos such as Bitcoin, Tether, and TrueUSD were supported. The second phase is to include traders from Washington, California, New York and Montana.
Bittrex, crypto exchange based in Seattle, has entered into an agreement to permit the investors to trade selective cryptocurrencies for fiat. The exchange would be working along with New York-based Signature Bank to unveil the fiat trading feature for Bitcoin, Tether, and TrueUSD. The exchange also has plans to unveil the feature to retail customers as well.
Binance exchange declared that the TrueUSD listing is postponed due to a surge in the price of the stable currency to $1.30 USD. The co-founder of CTO and TrustToken, Rafael Cosman said, “Having U.S. dollars as collateralization held in escrow in addition to our regular accounting reports provides traders with a reassurance that they can trust in TrueUSD.”