You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/former-coinbase-leaders-launch-truex-to-offer-stability-in-cryptocurrency-trading/" data-wpel-link="internal">Former Coinbase Leaders Launch TrueX to Offer Stability in Cryptocurrency Trading</a> 
According to Bloomberg, former Coinbase employees have launched a new <a href="https://en.coin-turk.com/what-is-dash/" data-wpel-link="internal">cryptocurrency</a> exchange called TrueX. The exchange is presented as a platform that favors trading with PayPal’s stablecoin, PYUSD. Founders Vishal Gupta and Patrick McCreary are experienced figures who have held significant positions in the cryptocurrency world. TrueX aims to provide a secure and stable trading experience by focusing on PYUSD for its transactions. 
<h2 style="text-align: justify;" id="strong-experience-and-background-of-truex-founders-strong">Experience and Background of TrueX Founders</h2> 
Vishal Gupta, one of the co-founders of TrueX, previously served as the exchange president at Coinbase and played a crucial role in the launch of the USDC stablecoin under Circle Internet Financial Ltd. Gupta’s experience has been instrumental in laying the foundation for TrueX’s innovative structure. 
The other co-founder, Patrick McCreary, worked as a senior engineer at Coinbase and held various roles at Goldman Sachs Group Inc. Both individuals are notable for their significant experiences in the finance world. 
<h2 style="text-align: justify;" id="strong-aiming-for-transaction-stability-with-pyusd-strong">Aiming for Transaction Stability with PYUSD</h2> 
TrueX’s decision to operate with the PYUSD stablecoin aims to minimize volatility in the <a href="https://en.coin-turk.com/the-performance-of-litecoin-and-bitcoin-in-2023-what-the-data-tells-us/" data-wpel-link="internal">cryptocurrency market</a>. This stablecoin, introduced by PayPal, is known for providing price stability among cryptocurrencies. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-389943" src="https://coin-turk.com/wp-content/uploads/2024/09/truex.jpeg" alt="" width="1280" height="720"> 
The ability for platform users to trade with PYUSD will offer both a fast and reliable experience. This step distinguishes TrueX from other <a href="https://en.coin-turk.com/robinhood-reports-75-increase-in-crypto-trading-volume-in-november/" data-wpel-link="internal">cryptocurrency exchanges</a>. 
With its innovative approaches and strategies that prioritize stability, TrueX is expected to carve out an important place in the cryptocurrency sector. 
The post <a href="https://en.coin-turk.com/former-coinbase-leaders-launch-truex-to-offer-stability-in-cryptocurrency-trading/" data-wpel-link="internal">Former Coinbase Leaders Launch TrueX to Offer Stability in Cryptocurrency Trading</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Former Coinbase Leaders Launch TrueX to Offer Stability in Cryptocurrency Trading

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