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A16z, BlockTower, Alameda Back $12.5M Round for TrustToken
BlockTower Capital, Andreessen Horowitz (a16z) and Alameda Research led the round by purchasing TRU, TrueFi’s native token.
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TrustToken Taps Chainlink for On-Chain Proof of Reserves for TrueUSD Stablecoin
The transparency measure is meant to provide additional certainty for decentralized finance (DeFi) traders who often rely on asset-backed stablecoins.
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Stablecoins All Want to Be $1, But They're Not Worth the Same
Buying bitcoin may be cheaper using a stablecoin the market has greater confidence in, like the Gemini dollar, than with an alternative like USDT.
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