TrueUSD is a TrustToken stablecoin, with a balance of stability, stablecoin usefulness and security in the form of regular certifications. The developers of TrueUSD position their TUSD stablecoin as "the first regulated stable coin fully backed by the US dollar."

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TrueUSD

Well there it is.

Justin Sun’s conglomerate bought TrueUSD but was still paying the initial US owners to administer it.

Then it moves to offshore banks and now control of the private keys are transferred as it grows in market cap with no real proof of backing…

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‌TrueUSD (Twitter)

1) TrueUSD was never owned by Justin Sun and it’s a despicable act to smear TUSD’s real-time Proof of Reserve in collaboration with our audit firm and Chainlink, as well as banking partners

2) We reserve our right to pursue legal remedies against your defamation https://t.co/D6AOrVKNQw

‌TrueUSD (Twitter).

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