Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, March 24 2020 - 03:35
AsiaNet
Crypto.com Lists TrueGBP (TGBP), TrueAUD (TAUD), and TrueCAD (TCAD)
HONG KONG, March 24, 2020 /PRNewswire-AsiaNet/ --

- Additional stablecoin options offer fiat on/off ramps and ability to Earn up 
to 12% p.a.

Crypto.com, the pioneering payments and cryptocurrency platform, announced 
today that it has listed TrustToken's TrueGBP 
[https://www.trusttoken.com/truegbp] (TGBP), TrueAUD 
[https://www.trusttoken.com/trueaud] (TAUD),  and TrueCAD 
[https://www.trusttoken.com/truecad] (TCAD) on the Crypto.com App. Following 
the successful listing of TrueUSD (TUSD) last year, Crypto.com is expanding 
it's stablecoin selection to drive the adoption of digital assets. 

Fiat On/Off Ramps: Similar to TUSD, Crypto.com App users can now redeem their 
TGBP, TAUD, and TCAD, which will be wired directly to their personal bank 
accounts by logging in here [https://app.trusttoken.com/crypto.com].

Deposits of TGBP, TAUD, and TCAD are also enabled on the Crypto.com App. 
Withdrawals will be enabled on Thursday 26th, March.

Earn up to 12% p.a.: TGBP, TAUD, and TCAD have also been added to Crypto Earn, 
allowing users to enjoy up to 12% p.a. on their deposits, paid in TGBP, TAUD, 
and TCAD. Crypto.com Private members will enjoy an additional 2% p.a. interest 
(paid in MCO).

Crypto Earn now supports 22 coins including BTC, ETH, LTC, XRP, BNB, TUSD, PAX, 
USDC, MCO, BAT, LINK, CRO, MKR, DAI, PAXG, EOS, XLM, ATOM, XTZ with the 
addition of TAUD, TGBP, and TCAD. Interest is paid out weekly in the coin 
deposited with flexible, 1-month or 3-month terms available. Users earn more by 
staking at least 500 MCO.

All three stablecoins follow similar legal and technical standards as TrueUSD, 
with collateralizing funds held in a third-party escrow account and regular 
attestations of the underlying funds.

Note: 
- For Singapore users, TGBP, TAUD, and TCAD are not supported.

About TrustToken

TrustToken is modernizing financial infrastructure to make economic 
opportunities open to all.

Our TrueCurrencies (TUSD, TGBP, TAUD, TCAD, THKD) are the world's first 
independently-verified, fully collateralized stablecoins, now trading on top 
exchanges including Binance, Huobi, and OKEx and generating billions in monthly 
trade volume. TUSD users enjoy lighting-fast transactions, the lowest 
transaction costs of any stablecoin, easy exchange to and from dollars, and 
obsessive customer service.

Founded in 2017, the TrustToken team is based in San Francisco and Ireland, 
made up of talented people from Airbnb, AMEX, Apple, Coinbase, Facebook, and 
Google - and an office puppy from Texas. We're backed by top investors from 
a16z crypto, BlockTower Capital, Founders Fund Angel, Danhua Capital, GGV 
Capital, Jump Capital, and Stanford StartX.

About Crypto.com

Crypto.com was founded in 2016 on a simple belief: it's a basic human right for 
everyone to control their money, data and identity. With over 1 million users 
on its platform today, Crypto.com provides a powerful alternative to 
traditional financial services, turning its vision of "cryptocurrency in every 
wallet" into reality, one customer at a time. Crypto.com is built on a solid 
foundation of security, privacy and compliance and is the first cryptocurrency 
company in the world to have CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, 
Level 1 compliance. Crypto.com is headquartered in Hong Kong with a 200+ strong 
team. For more information, please visit www.crypto.com.

Photo - 
https://mma.prnewswire.com/media/1136629/Crypto_App_New_Token_Listings_1.jpg 
Photo - 
https://mma.prnewswire.com/media/1136630/Crypto_App_New_Token_Listings_2.jpg 
Logo - https://mma.prnewswire.com/media/888271/Crypto_Logo.jpg 

Source: Crypto.com