Sat, September 21

TrueUSD Collaborates with MooreHK for Enhanced Transparency

TrueUSD Collaborates with MooreHK for Enhanced Transparency Altcoin News
  • In January 2024, MooreHK will begin daily attestations of TUSD stablecoin.
  • MooreHK’s expertise will be important in establishing TUSD as a reliable stablecoin.

A prominent accounting company with a long history going back to 1975, Moore Hong Kong (MooreHK) has joined with TrueUSD (TUSD) in an effort to increase trust and transparency.

In January 2024, MooreHK will begin daily attestations, which will further strengthen TUSD’s dedication to dependability and market leadership by giving stakeholders and token holders with comprehensive information.

Boosting Investors Trust

Moreover, by teaming up with Moore Hong Kong (MooreHK), the popular stablecoin TrueUSD is planning to step up its transparency approach.

The goal of this cooperation, which is an important part of TUSD’s plan to expand globally, is to begin providing daily attestations in January 2024. Also, what this means is that MooreHK’s expertise will be important in establishing TUSD as a reliable stablecoin on a worldwide scale.

At the same time, a TUSD official stresses the significance of stablecoin reserve attestations. The representative underscores the cooperation with MooreHK and The Network Firm, portraying them as important associates who will provide strong support for TUSD’s future efforts to increase its market presence, emphasizing the critical role.

Furthermore, Michelle Chu, MooreHK’s Senior Assurance Director, adds her enthusiastic voice by restating the organization’s determination to use cutting-edge attestation tools.

In an effort to increase trust in TUSD, these tools will make it easier to see how the currency is being managed and will offer frequent attestation reports to show that reserves are being constantly monitored.

Also, in line with its ongoing endeavors to lead the stablecoin community in transparency, TrueUSD is actively seeking partnerships with well-established organizations like MooreHK. 

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