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TrueX exchangeCoinGape
•65% Informative
Two ex-Coinbase employees, Vishal Gupta and Patrick McCreary , have launched a stablecoin-focused exchange named TrueX.
The exchange will focus on Stablecoin trading and has adopted PayPal 's PYUSD as its default currency.
Gupta helped launch the USDC stablecoin, which he helped launch while working at Coinbase .
This launch of the TrueX exchange could provide a major boost for PayPal ’s PyUSD as it looks to steal market share from USDT and USDC .
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