TrustToken launches Australian dollar-pegged stablecoin. Development of three more fiat-pegged stablecoins is in the process. Leading Cryptocurrency firm TrustToken launched a new stablecoin financed by Australian dollar in addition to three more stablecoins. According to this Wednesday’s report, TrueAUD is pegged 1:1 with the Australian dollar. It follows the same legal and technical guidelines as the TrueUSD. Customers can access TrueAUD by purchasing or redeeming from its app without any charge. Besides TrueAUD, the firm is also putting forth the development of three more fiat-pegged digital currencies – TrueEUR, TrueCAD, and TrueHKD. The corporation is planning to introduce Canadian dollar-backed and euro-backed coins in the coming months whereas the Hong Kong Dollar-pegged coin will be released later this year. TrustToken already operates the circulation of TruesUSD, which is the most widely used token. The firm has also paved the way to pound sterling backed tokens in the market earlier this month. Due to controversy with Tether, the company wants more transparency in the process. The audit will be done by a third-party accounting firm Cohen & Co. for all its collateralized funds which will be done regularly. Previously, the firm had collaborated with Armanino, a California based audit firm for its offered stablecoins. The company recently disclosed its last audit of TrueUSD- which showed that it holds $199,063,885 in its chest as of March 31, while 198,982,291 TrueUSD tokens are in circulation. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Crypto market update: Bitcoin and major altcoins struggle to recover from the recent sell-off FX Street 4 years TrustToken launches Australian dollar-pegged stablecoin. Development of three more fiat-pegged stablecoins is in the process. Leading Cryptocurrency firm TrustToken launched a new stablecoin financed by Australian dollar in addition to three more stablecoins. According to this Wednesday's report, TrueAUD is pegged 1:1 with the Australian dollar. It follows the same legal and technical guidelines as the TrueUSD. Customers can access TrueAUD by purchasing or redeeming from its app without any charge. Besides TrueAUD, the firm is also putting forth the development of three more fiat-pegged digital currencies - TrueEUR, TrueCAD, and TrueHKD. The corporation is planning to introduce Canadian… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.