🇦🇺TAUD
What is TAUD (TrueAUD)?
True AUD is an Australian Dollar-backed stablecoin that is 100% collateralized by Australian dollar in legally protected escrow accounts, and utilizes multiple bank partners, and allows users to trade, send, and receive payments without having to worry about price volatility.
Who is the issuer entity and what is the governing regulation/license?
TrustTokens are regulated in the US, TrueCurrencies are managed by TrueCoin, LLC - a registered Money Service Business (MSB) in the United States
Where can I purchase TAUD?
TrueAUD can be purchased in the TrustToken app and allow Australian residents as well as other users who hold Australian Dollars, to access TrustToken’s global network of exchanges, partners and wallets.
Step 1: Visit https://app.trusttoken.com and create an account
Step 2: Complete the KYC/AML check
Step 3: Select TrueAUD and Add you Wallet
Step 4: Click Mint TrueAUD
Step 5: Wire funds directly to the escrow account
Step 6: Once funds have arrived to the account, TAUD corresponding to the number of dollars will be sent
More details can be found here
To mint/redeem: Visit Trust Token
Links:
Last modified 3mo ago
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