Meet TrueUSD on OpenLedger DEX
Dear OpenLedger DEX users,
We are excited to inform you that TrueUSD (TUSD), a fully collateralized ERC20 stablecoin backed by the US dollar, has been listed on our exchange.
TrueUSD is different from other stable cryptocurrencies as it introduces a legal framework that enables the direct exchange of USD with escrow accounts accessible by trusted third-party fiduciary partners. The contents of the aforementioned bank accounts are published on a daily basis and undergo monthly audits.
TrueUSD can be redeemed for USD at a 1:1 ratio by anyone who complies with standard KYC/AML requirements. This stablecoin is meant to be a trading instrument facilitating the use of a cryptocurrency as a medium of exchange.
Available markets:
TUSD / BTC https://openledger.io/market/TUSD_BTC
TUSD / ETH https://openledger.io/market/TUSD_ETH
TUSD / BTS https://openledger.io/market/TUSD_BTS
TUSD / EOS https://openledger.io/market/TUSD_EOS
TUSD / bitUSD https://openledger.io/market/TUSD_bitUSD
TUSD / bitCNY https://openledger.io/market/TUSD_bitCNY
TUSD / OBITS https://openledger.io/market/TUSD_OBITS
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Best regards,
The OpenLedger DEX Team