Considering the increasing demands from the customers the RiveX Super-Dapp, RX Wallet adds TrueUSD tokens on its platform. As a result of this integration, TUSD users will now be able to store, transfer or spend their TUSD tokens from their RX wallet, thus eliminating the need of the users to switch between different applications for managing their crypto assets.
Accordingly, the RiveX ecosystem has recently upgraded its professional multi-chain RX Wallet (v1.2.5) to support TUSD tokens. In its aim to empower the next-gen decentralized applications and enterprise solutions, RiveX has integrated with the TUSD stable coins and added the tokens within its RX Wallet ecosystem.
With this integration, the TUSD tokens are added to a growing list of other leading tokens like ETH, RVX, ERC-20, and WRC-20 tokens. To enable TUSD into the RX Wallet, the users first need to log in to the official webpage of the RX Wallet and then click on the “Add More” tab under the menu “Current Assets,” and TUSD tokens will be added automatically to the wallet. There are two navigating arrows in red and green for receiving and sending TUSD tokens from the RX Wallet.
RX Wallet is a comprehensive DeFi solution enabled on the RiveX ecosystem that integrates dApps from various blockchain protocols to activate an interoperable DeFi ecosystem within the RX ecosystem.
Apart from TUSD’s integration with the RX wallet, TUSD has won another milestone; Huobi wallet also recently announced its integration with the TUSD stable coins. However, this is also not the first time that the RX wallet is integrating with any dApps; before this, it has integrated with another dApp named WRDEX, which is also the world’s first cross-chain decentralized exchange (DEX) powered by RiveX.
TUSD tokes are a list of USD-pegged stable coins that are issued by the TrustToken platform that partners with registered fiduciaries backing the TUSD tokens. With the TUSD tokens, the USD funds can be regularly verified in scheduled attestations of escrowed balances provided by the TUSD stable coins. The verified USD funds are then kept in separate third-party escrow accounts. These USD-pegged tokens also provided the users with full collateral securities and legal protection against improper use of underlying USDs.
