TrueUSD and Leading Firm Join Forces for Crypto Transparency
TrueUSD (TUSD) has taken a significant step towards transparency and trust by teaming up with Moore Hong Kong (MooreHK), a renowned accounting firm established since 1975.
Starting in January 2024, MooreHK will conduct daily attestations, delivering detailed reports to stakeholders and TUSD token holders. This move solidifies TUSD’s dedication to reliability and its leadership role in the industry.
This collaboration between TrueUSD and Moore Hong Kong (MooreHK), an esteemed accounting firm with over four decades of expertise, aims to heighten transparency. An integral part of TUSD’s global expansion initiative, this partnership pledges daily attestations beginning January 2024.
Highlighting the crucial role of reserve attestations for stablecoins, a TUSD representative underscores the significance of the alliance with MooreHK and The Network Firm. These alliances are fundamental pillars supporting TUSD’s future endeavors to expand its market presence.
Michelle Chu, MooreHK’s Senior Assurance Director, expresses enthusiasm for leveraging advanced attestation tools. These tools aim to enhance TUSD’s transparency by consistently providing attestation reports, instilling greater confidence among TUSD users by ensuring diligent monitoring of reserves.
READ MORE: Elderly Investor’s $50M Loss Sparks Bank Exploitation Claims
As TUSD cements its position as a transparent and reliable stablecoin, the partnership with MooreHK signifies a dedication to empowering users to effectively oversee reserves. The company remains devoted to exploring innovative pathways for development, ensuring secure, stable, and transparent stablecoin operations.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
