Don't Just Read the News, Understand It.
Published loading...Updated

New Exchange, TrueX, Chooses PayPal’s PYUSD for Stablecoin Transactions

Summary by CryptoPanic
TL;DR TrueX, the new cryptocurrency exchange, will use PayPal’s PYUSD as its primary token for transactions. The exchange is targeted at institutional investors in the United States and select markets. TrueX has secured $9 million in initial funding. Paxos will provide custody and backing for...
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

6 Articles

All
Left
Center
Right

TruEx, a new crypto platform focused on stablecoins, seeks to revolutionize institutional trading with PYUSD as its base.

Read Full Article

Two former Coinbase executives spoke at a side event at the Token2049 conference in Singapore about the company's latest stablecoin exchange, TrueX. The post Former Coinbase Executive Announces Stablecoin-Native Exchange TrueX first appeared on CoinDesk JAPAN.

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Coinfomania broke the news in on Wednesday, September 18, 2024.
Sources are mostly out of (0)