Quote from: Hueristic on September 29, 2018, 10:00:05 PM

Tethers Have a Competitor: TrueUSD (TUSD) Promises Audited Fiat Backing

https://cryptovest.com/news/tethers-have-a-competitor-trueusd-tusd-promises-audited-fiat-backing/

Quote

The creation of TUSD tokens allegedly happens after they are bought by registered users, and distributed via an Ethereum smart contract. At the moment, the project is open to early-access buyers from funds and large trading entities.

Dont forget the Winklevoss twins who are close to releasing their own stablecoin on the Gemini Exchange. Its supposed to be regulated and backed by the dollar. Read more about it here:
https://techcrunch.com/2018/09/11/the-winklevoss-stablecoin-is-one-small-step-toward-crypto-acceptance/