TrustToken announces TrueUSD passed 3 security audits with no bugs found

20 Dec, 2018 | Updated: 20 Dec, 2018
by David Borman
News
TrustToken announces TrueUSD passed 3 security audits with no bugs found

It is being reported by Coindesk that startup TrustToken, the company behind the TrueUSD (TUSD) stablecoin, recently announced that its smart contract has been independently reviewed by three different security companies and no errors have been found.

Security Audits were performed by Certik, SlowMist and Zeppelin, and turned up no issues with the TrueUSD smart contract. This should inspire users that the coin is secure and trustworthy.

In an effort to maintain the stability of the token, the USD backing the coin is being spread across multiple trusted third party companies. This should make the coin resistant to any single point of failure.

To top it off, the coin recently topped a $200 million market cap, putting it in 27th place for top coins. It sounds like everything is coming up good for TrustToken and TrueUSD, so stick with Chepicap for any and all updates!

Follow Chepicap now on Twitter, YouTubeTelegram and Facebook!

Read more about: True USD (TUSD)

Add a comment

Check out the latest news

You will be logged out and redirected to the homepage