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Singapore, Singapore–(Newsfile Corp. – April 19, 2022) – TUSD celebrates its successful one-year introduction to the market. April 9 marked the first anniversary of the stablecoin’s deployment on the TRON blockchain. Since then, TUSD, the first fully-regulated USD-pegged stablecoin on TRON with real-time on-chain audit, has been on the growth upswing, attracting large numbers of users while partnering with industry-leading DeFi projects.

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As one of the most critical components of the crypto-financial infrastructure, stablecoins are a source of trust and stability in the market. TUSD expects to continue settingan example in compliance, transparency, and security as a minimal-volatility crypto asset, to benefit the ecosystems of TRON and other blockchains alike, offering more market options and higher yields while introducing new opportunities to asset holders, entrepreneurs, and investors worldwide.

About TUSD

TrueUSD (TUSD) is the first independently-verified digital asset pegged 1-for-1 to US Dollars. The stablecoin uses multiple banks, escrow accounts, and third-party attestations to reduce counterparty risk, provide transparency, and prevent fraud.

TUSD offers liquidity on dozens of leading exchanges, DeFi protocols and is supported by major OTC desks. TUSD also supports nearly instant minting and redemption speeds through the Silvergate Exchange Network (SEN) and PrimeX by PrimeTrust.

Media Contact
Annabel G
Marketing & BD Director of TrueUSD
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/120861

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