We are excited to announce TrueCAD, our new Canadian dollar-backed stablecoin! TrueCAD provides our users with even more options for trading alongside TrueUSD, TrueGBP, and TrueAUD.
TrueCAD is the second of the four stablecoins that we recently announced, with TrueEUR set to launch in the coming months and TrueHKD later in 2019. This is an exciting time for our team as we’ve had a flood of inquiries following the Tether and Bitfinex news. We’ve continued to release products focused on trust and transparency, and recently made a public comment about the controversy around Tether.
TrueCAD is a big step forward as it dramatically expands the options of what people can do with stablecoins beyond a simple store of value or a stable cryptocurrency for trading on exchanges. Our team is focused on opening access to financial opportunities and global trade to people all around the world, and having a basket of stablecoins creates many use cases to get us closer to this vision. All four currencies are now available on the TrustToken app and will be added to exchanges over the coming weeks and months.
The TrustToken Team
TrustToken is creating a more efficient and inclusive global financial system by digitizing assets that can be seamlessly and securely exchanged across markets worldwide. TrueUSD [TUSD], a stablecoin redeemable 1-for-1 for U.S. dollars, was the first product on TrustToken’s platform. TrustToken has since launched TrueGBP, TrueAUD, and TrueCAD. TrustToken products are trading on some of the world’s top exchanges — Binance, Huobi, OKEx, and many others — and can be purchased or redeemed directly in the TrustToken App. For more information, visit www.trusttoken.com.
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