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Binance Set to List TrueUSD Stablecoin, A Regulatory-Compliant

  • Published on: May 16, 2018 - 11:06 PM
  • Source: Bitcoinist

Binance Set to List TrueUSD Stablecoin, A Regulatory-CompliantBinance is set to open trading for select TrueUSD (TUSD) trading pairs on Friday, May 18th, at 4:00 am (UTC). The USD-pegged stablecoin will only be tradable against Bitcoin (BTC), Ethereum (ETH), and the exchange’s own Binance Coin (BNB). Like Tether, Only Regulatory Compliant TUSD is a stablecoin designed to match the US dollar at a one-to-one ratio, meaning one TUSD roughly equates to one USD, in terms of valuation. Unlike Tether (USDT), a sometimes controversial USD-pegged stablecoin, TrueUSD is reportedly much more regulatory compliant. Explains Binance: In the TrueUSD system, U.S Doll …

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