Crypto startup TrustToken has launched a new address management feature for companies that use the TrueUSD stablecoin.
The company announced Monday that exchanges which list the dollar-pegged token can more easily manage client deposits with AutoSweep, which allows an exchange to provide each of its clients a unique deposit address. Each of these deposit addresses is matched to the exchange's central wallet.
These aliases can be thought of as similar to having multiple email addresses on the same domain, and TrustToken says any single central wallet may be able to utilize as many as 1 million deposit addresses.