Blockchain
TUSD Announces Integration with BNB Chain as a Native Token
Singapore, Singapore–(Newsfile Corp. – April 14, 2023) – TrueUSD (TUSD), a leading stablecoin provider, announced its deployment as a native token on BNB Smart Chain. This groundbreaking integration marks a significant milestone in TUSD’s multi-chain expansion strategy. It sets the stage for its further integration into the BSC (BNB Smart Chain) ecosystem.
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“Individual and institutional clients can now mint and redeem native BSC-TUSD through the TUSD website. It leverages the benefits of BNB Chain’s fast execution, minimal fees, and compatibility with various decentralized applications (DApps),” says the Head of Marketing at TUSD.
BNB Chain is a community-driven, decentralized and censorship-resistant ecosystem powered by the BNB token. It consists of BNB Beacon Chain for governance and BNB Smart Chain (BSC) for EVM-compatible development, which facilitates the multi-chain ecosystem. It has processed 3 billion transactions to date from 200 million unique addresses, bringing developers massive user access with ultra-low gas fees. The ecosystem has more than 1,400 active dApps across multiple categories such as DeFi, Metaverse, blockchain games, and NFT.
As the world’s first stablecoin to offer 24-hour live on-chain attestation, TUSD has established itself as an industry leader with transparency, security, and stability. By partnering with multiple banks and institutions, TUSD enables holders to mint and redeem tokens 24/7. In addition, TUSD was the first USD-backed stablecoin to integrate with Chainlink and employ Proof of Reserves to secure its minting.
TUSD has pursued a multi-chain approach in recent years. It provides a stable and sufficient liquidity to various DeFi ecosystems, which bolsters their infrastructure. The stablecoin is now native to several blockchains, including Ethereum and TRON. It has been deployed on over ten public chains. Top crypto exchanges such as Binance, Huobi, Poloniex, and OKX have supported deposits and withdrawals for various TUSD offerings. This streamlined participation in multiple blockchain ecosystems for TUSD holders.
The launch of native BSC-TUSD builds on TUSD’s extensive partnership with the BNB Chain ecosystem.
TrueUSD remains committed to bridging the gap between the crypto world and the real world by continuously exemplifying transparency, security, and robustness. As TUSD expands its use cases and introduces more market-oriented options, users can expect lower costs and better transaction experience.
About TrueUSD
TrueUSD (TUSD) is the first digital asset with live on-chain attestations by independent third-party institutions and is backed 1:1 with USD. So far, it has been listed on more than 100 trading platforms such as Binance and Huobi, and is live on 10+ mainstream public chains including Ethereum, TRON, Avalanche, BNB Chain, Fantom, and Polygon. TrueUSD is attested in real-time by The Network Firm LLP, an independent, industry-specialized accounting firm in the U.S., to ensure the 1:1 ratio of its USD reserve to the circulating token supply and the 100% collateral rate. With the integration of Chainlink PoR, TrueUSD becomes the first USD-Backed stablecoin to secure minting and further ensure transparency and reliability. Users can access the relevant data via the official website tusd.io at any time. TUSD was granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica on October 7th 2022.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/162384
Finfare Connect, a market-leading rewards platform empowering businesses to engage and retain customers through personalized offers, has announced an innovative collaboration with ZBD, a leading payments company at the forefront of digital economies.
Finfare Connect is a part of Finfare Inc., a thriving fintech company with offices in Irvine, California and London.
Through this strategic alliance, Finfare will provide ZBD users with access to affiliate, card-linked, and instant cashback offers, enabling them to earn Bitcoin through everyday purchases, above and beyond those already earned via the ZBD app.
Beginning today, ZBD users will have the option to link their payment card or multiple payment accounts to start automatically earning rewards while shopping online or at in-person stores. Card linking involves connecting a single payment card, while account linking occurs when a user connects multiple bank accounts to earn highly customized rewards.
In terms of rewards, ZBD users who sign up for the program will have access to offers from thousands of well-known brands such as Nike, Adidas, Asics, Crocs, Tommy Hilfiger, Urban Outfitters, Cole Haan, Steve Madden; and popular retailers such as Nordstrom, Brookstone and Best Buy, among many others.
ZBD’s innovative app immerses users in a world of games and apps, allowing them to earn Bitcoin while enjoying diverse entertainment experiences.
Now, US-based ZBD users will be able to seamlessly earn Bitcoin through their everyday purchases simply by linking their payment accounts via the ZBD app. Then, they will automatically earn Bitcoin whenever they purchase an item that’s promoted by FinFare.
“We are thrilled to launch this exciting offering with ZBD,” said Alan Zrado, Executive Vice President, Finfare Connect. “Through this alliance, we are enhancing the way ZBD users engage with digital payments, offering them unparalleled opportunities to earn Bitcoin through their everyday transactions. This partnership also underscores our commitment to empowering businesses by providing their customers with compelling, customized, and valued rewards.”
“We are excited to join forces with Finfare Connect to give ZBD users greater value by giving them more ways to easily earn Bitcoin rewards,” said Ben Cousens, Chief Strategy Officer of ZBD. “By combining Finfare Connect’s expertise in personalized offers with ZBD’s cutting-edge payments technology, we are providing our users with a great way to earn Bitcoin by shopping as they normally would anyway.”
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