🚀 Big News in Crypto! Former Coinbase execs Vishal Gupta and Patrick McCreary have launched TrueX, a non-custodial exchange focused on stablecoin trading. Announced at Token2049 in Singapore, TrueX aims to revolutionize trading by separating order matching and custody, ensuring top-notch security.
Key Points:
- TrueX uses a proprietary matching engine for efficient trades.
- It segregates trade execution from asset custody.
- Default settlement currency: PYUSD, PayPal's stablecoin.
TrueX has already secured $9M in seed funding from top investors. What are your thoughts on this new exchange model? Share in the comments! 💬