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TrustToken Launches AUD-Backed Stablecoin With 3 More to Follow


TrustToken has just launched a new stablecoin and says it has three more coming soon.

Revealing the news exclusively to CoinDesk on Wednesday, the firm said its TrueAUD token is now live and backed 1:1 by the Australian dollar. Cryptocurrency exchanges can “immediately” start listing TrueAUD, and users can purchase and redeem the stablecoin via its app at no cost, it added.

Read More at CoinDesk

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