Market stats
TrueUSD is a stablecoin running on Ethereum that attempts to maintain a value of US$1.00. The supply of TUSD is collateralized by US dollars held in escrow by banks. Tokens can be purchased and redeemed for US dollars on the TrustToken website.
New data interpretation from The Block shows that centralized assets comprise 40% of the collateral locked in MakerDAO. The post Centralized assets now constitute 40% of MakerDAO’s vaults appeared first on The Block.
2020 is going to be a big year for crypto. The “Crypto Winter” of 2018/2019 flushed out much (but certainly not all) of the nonsense, and the market has significantly matured over the last few years. In 2020, I expect accelerating crypto asset adoption, and key building blocks will come into place for crypto to […] The post Why 2020 will be a big year for crypto appeared first on The Block.
Non-custodial exchange Binance DEX is soon going to list five new fiat-pegged stablecoins from issuer TrustToken, which is backed by notable venture capital firm Andreessen Horowitz (a16z). The post Binance DEX set to list USD, GBP, AUD, CAD, HKD stablecoins from TrustToken appeared first on The Block.
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