According to the latest official news, the stablecoin TrueUSD has now been launched on the decentralized trading platform VVS Finance. Users who provide liquidity to the TUSD-USDC pool can receive 100,000 TUSD in addition to VVS rewards. At the same time, start the activity of staking VVS to get TUSD reward, the total prize pool is 100,000 TUSD, and the activity period is 60 days.
At present, VVS Finance is the decentralized trading platform with the largest lock-up volume in the Cronos ecosystem. TrueUSD, as the first digital asset that has been verified by an independent institution, accepts real-time independent verification on the chain, and is anchored to USD, has been listed on more than 100 trading platforms such as Binance and Huobi, and has been listed on Ethereum, TRON, Avalanche AVAX -4.39%, BSC, Fantom, Polygon MATIC -0.57%, etc. Multi-chain deployment has been carried out on 10 major public chains, and the total circulation has exceeded 1.5 billion.
TrueUSD has been audited in real time by Armanino, an American accounting company, to ensure that the ratio of US dollar reserves to its circulation reaches 1:1, achieving 100% reserves. Users can obtain public audit results through the official website trueusd at any time.