The stablecoin TUSD will receive daily audit services and daily reserve proof reports from the accounting firm MooreHK

2023-12-25 17:14:54
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ChainCatcher news, according to official sources, the stablecoin TUSD has reached a partnership with the renowned accounting firm Moore Hong Kong ("MooreHK") to provide daily attestation services and daily reserve proof reports starting from mid to late January 2024. This is another significant initiative by TUSD to develop its international strategy, which positively contributes to enhancing the transparency of TUSD's reserve information and steadily promotes TUSD to become a leading stablecoin in the industry.

It is reported that TrueUSD (TUSD) is the first stablecoin pegged to the US dollar, with on-chain real-time verification provided by an independent third-party institution. It is currently listed on over 100 trading platforms, including Binance and HTX, and circulates on more than a dozen mainstream public chains such as Ethereum, TRON, Avalanche, BNB Chain, Fantom, and Polygon. For a long time, TUSD has been committed to establishing a benchmark for transparency in the stablecoin ecosystem, providing a new model for the industry in reserve auditing and on-chain reserve proof.

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