Home Blockchain News $200 Million Crypto Stablecoin TrueUSD Launches Instant Fiat Redemption

$200 Million Crypto Stablecoin TrueUSD Launches Instant Fiat Redemption

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TrueUSD celebrated its first birthday on Tuesday, and the $200 million USD-pegged cryptocurrency stablecoin commemorated the occasion with two major announcements that could help buttress it as it seeks to supplant $2 billion Tether (USDT) as the market’s leading stablecoin. Stablecoin to Provide Real-Time Accounting First, TrueUSD unveiled a partnership with Armanino, one of the 25 largest independent accounting firms in the US. The result for TUSD users is real-time transparency of the global supply of the stablecoin. The feature will be available in April. Rather than a monthly or quarterly report, as is common in stablecoins these days, users

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