TrueUSD Takes Full Control: Shifts Management to Techteryx in a Power Move
TrueUSD (TUSD), a stablecoin that has gained popularity since partnering with Binance Holdings Ltd., will now be entirely controlled by its owners
The management of the $2.8 billion stablecoin will be taken over by Techteryx Ltd., starting from Friday
Techteryx Ltd., a British Virgin Islands-incorporated firm, acquired the rights to TUSD from Archblock in 2020, but had continued to employ them until now