TrueUSD is the second stablecoin that has been introduced following the launch of controversial stablecoin Tether (USDT), which is backed by the U.S. dollar on a 1:1 proportion. Both listed on major cryptocurrency exchanges like Binance, Bitfinex, OKEx, Huobi and HitBTC, the stablecoins are deployed on the Omni and Ethereum blockchain networks.
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