Blockchain asset tech company AlphaPoint integrates TrustToken’s TrueUSD
AlphaPoint, a global blockchain technology company that enables institutions to issue crypto assets and operate digital asset exchanges, announced it has now integrated TrueUSD (TUSD), the regulated, exchange-independent stablecoin that is redeemable 1-to-1 for the U.S. dollar.
The integration will enable AlphaPoint’s exchanges to list TrueUSD for trading with fiat and cryptocurrency pairings. More than 10 exchanges in AlphaPoint’s growing network list TrueUSD for trading, including Dasset and DCEX.
TrustToken, the asset tokenization platform behind USD-pegged stablecoin TrueUSD (TUSD), maintains a competitive edge as a transparent stablecoin with independent security audits from both U.S. and Chinese security firms.
“We are thrilled to offer our customers around the world the ability to interact with a market-leading stablecoin, like TrueUSD, which improve market liquidity and velocity, and increase the efficiency of global digital asset trading. The more that crypto and digital assets become fungible, the more the entire marketplace will benefit.”
“The integration with AlphaPoint allows TrueUSD to continue to reach investors in new markets, better serve the demand for trusted stablecoins, and further contribute to the emerging token economy. AlphaPoint’s growing network of exchanges and digital asset infrastructure will help perpetuate the adoption of TrueUSD globally as we continue to be recognized as the as the reliable stablecoin, amid today’s uncertainty surrounding cryptocurrency and surpass a $175 million market capitalization milestone.”
Through its secure, scalable, and customizable distributed ledger platform, AlphaPoint enables customers around the world to launch and operate markets as well as digitize assets. AlphaPoint’s proprietary distributed ledger technology supports a highly-secured venue and the ability to process nearly one billion transactions per second and its white label customers have the ability to integrate a bevy of coin offerings and pairings through its many partnerships with digital asset companies.
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