TrustToken, the creator of TrueUSD (TUSD), one of the leading stablecoins, expanded its portfolio with the TrueGBP asset. As with other stablecoins coming from this issuer, TrueGBP will be backed by fiat reserves with regular reviews by a third party.
“We are excited to be launching TrueGBP to provide our users with access to one of the most traded currencies in the world,” said Rafael Cosman, co-founder of TrustToken.“With TrueUSD, we have built the bridge between the fiat and crypto world, without being tied to any one exchange. Our goal in launching TrueGBP is to fully utilize this bridge to reduce the fr...