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Home Crypto News

TrueUSD Rafael Cosman States Spanning Between Traditional Finance and Decentralized Finance

October 5, 2020
in Crypto News
2 min read
TrueUSD Rafael Cosman States Spanning Between Traditional Finance and Decentralized Finance
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TrueUSD is the first regulated stablecoin, which is fully backed by the US Dollar.  TRUEUSD is projected as the new face of money and it is different in several ways.  TrueUSD provides for easy redemption, it is liquid, fully collateralized, ethical, borderless, and transparent.

Of the many ways to make use of TrueUSD, there are some powerful ways in which TrueUSD can be used. It is possible to buy TrueUSD directly.  All you need to do is to create a TrustToken and eventually purchase and redeem with a click.

Sydney Ifergan, the crypto expert opined:  “TrueUSD is available in more than 70 exchanges. It is an ERC-20 token which makes use of the Ethereum Blockchain.”

In cryptocurrency, security is very important.  They have to state that for those who are new to crypto with the yield farming, NFT, DeFi hype, it’s very important to get educated on how to properly secure the digital assets.

Rafael Cosman, CEO of Trust Token expressed how they want to build the future of stablecoins and to be a key part of DeFi. He also pointed to how $DAI minters have started to bite into the $85mm increase in the $TUSD debt ceiling.

He expressed that he is looking at TrustToken’s position as spanning between traditional finance and decentralized finance. Hence stablecoins as well as their upcoming product #TrueFi, this position is more unique- it’s hard to just fork a project that connects to actual banks, borrowers, etc.

He pointed to how they have already been getting lots of applications for the TrueCurrency Liquidity Fund.  He clarified that they will be able to approve liquidity grants for a fraction of projects which apply.  He stated that they will also be able to do co-marketing, answer technical questions, and do a lot more.

Trust Token are focusing on opening access to financial opportunities and global trade.  They are constantly bringing the best technical, legal and financial talent together from across the world.

TrueUSD Work Culture

The TrueUSD leadership claim that they have bias for action over perfection.  They are striving to make good things easy by creating habits and systems which help them towards the goals.  They are embodying renaissance ambition while continuing to strive to become their best selves.  They are venturing forward with curiosity, awareness and empathy.

The TrueUSD team are making an impact towards building a better financial future.  They have to state that people are their secret sauce.  And, also that no two days are the same.  They strive to be learning.  They have an excellent work culture and they have their employees well covered.

Credit: Source link

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