TrustToken

A16z, BlockTower, Alameda Back $12.5M Round for TrustToken

BlockTower Capital, Andreessen Horowitz (a16z) and Alameda Research led the round by purchasing TRU, TrueFi’s native token.

Markets  ·  4 August 2021

TrustToken Taps Chainlink for On-Chain Proof of Reserves for TrueUSD Stablecoin

The transparency measure is meant to provide additional certainty for decentralized finance (DeFi) traders who often rely on asset-backed stablecoins.

Business  ·  11 November 2020
News

New Blockchain Tool Promises Verifiable Audits in 30 Seconds

A new blockchain-based system speeds up audits but doesn't replace accountants.

Markets  ·  2 November 2019
Paxos

When Tether Warnings Are Marketing Tools

Stablecoin issuers are taking advantage of Tether's troubles to promote their cryptocurrencies as more viable alternates.

Markets  ·  2 May 2019
Stablecoins

TrustToken Launches AUD-Backed Stablecoin With 3 More to Follow

TrustToken has launched a stablecoin backed by the Australian dollar, with tokens for CAD, HKD and euros to follow soon. 

Markets  ·  24 April 2019
Markets

A16z-Backed TrustToken Launches Stablecoin Pegged to UK Pound

Cryptocurrency startup TrustToken has launched its second stablecoin – and this time it's a token pegged 1:1 to the British pound.

Markets  ·  2 April 2019
BitGo

TrueUSD Stablecoin Holders Can Get ‘Up to 8%’ Interest Via CredEarn

Holders of the dollar-pegged stablecoin TrueUSD can now leverage their funds to earn interest through crypto lender Cred.

Business  ·  26 March 2019
Markets

TrueUSD Stablecoin to Add ‘Real Time’ Monitoring of Dollar Backing

TrustToken has announced a new partnership that it says will allow a "real-time" view of the U.S. dollars backing its TrueUSD token.

Business  ·  5 March 2019
News

Stablecoin Issuer TrustToken Adds Feature to Ease Wallet Management

TrustToken has launched an alias feature for exchanges and merchants which use TrueUSD, allowing them to provide each of their clients with a unique deposit address which all send funds to the same central wallet.

Tech  ·  14 January 2019
Coinbase

Coinbase Exec Leaves Crypto Exchange for Stablecoin Issuer

Vaishali Mehta, a senior compliance manager at Coinbase from November 2017 to November 2018, has joined TrustToken as head of compliance.

Markets  ·  4 January 2019
Security

TrustToken Says It Passed 3 Security Audits With No Bugs Found

TrustToken says its tech has passed three independent security audits, while its stablecoin is now seeing trading volume over $1 billion a month.

Policy & regulation  ·  19 December 2018
Huobi

Huobi’s US Exchange Sees 30% Boost in Trading for Tether Alternative

A spokesperson for HBUS says the exchange has seen a massive increase in USDT/TUSD trading this week after tether broke the proverbial buck.

Business  ·  17 October 2018
Exchanges

Crypto Exchange OKEx Lists 4 New Stablecoins

Malta-based cryptocurrency exchange OKEx has announced that it is listing four U.S. dollar-pegged cryptocurrencies for trading.

Business  ·  15 October 2018
Investments

A16z Leads Investors in $20 Million Token Presale for Crypto Assets Platform

TrustToken, which aims to put tokenized assets on a blockchain, raised $20 million in a strategic token sale with help from Andreessen Horowitz.

Markets  ·  18 June 2018