TrustToken rolls out its first Asian offering with Hong Kong dollar-backed stablecoin

Stablecoins issuer TrustToken has launched yet another product - this time pegged to the Hong Kong dollar (HKD), the firm announced Tuesday.

Dubbed TrueHKD, the stablecoin is backed by Hong Kong-licenced digital asset custody provider Legacy Trust, according to the announcement. Users can purchase TrueHKD from the firm's app.

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