TrueUSD announced its partnership with accounting firm MooreHK to provide fiat reserve audit services

On December 25th, stablecoin TrueUSD ("TUSD") announced a partnership with renowned accounting firm Moore Hong Kong ("MooreHK"). Starting from the end of January 2024, MooreHK will provide daily auditing services for TUSD and present daily audit reports to its stakeholders and TUSD token holders. This marks the latest improvement in TUSD's reserve auditing system. Established in 1975, MooreHK is a member company of the Moore Global accounting and consulting network, headquartered in the UK with over 100 years of history. Known for its industry focus, MooreHK provides innovative and personalized services to clients. The team consists of experts and professionals with business acumen, offering comprehensive services including auditing, assurance, accounting, business outsourcing, taxation, and other consulting work. The collaboration with MooreHK is another step towards TUSD's global initiative announced in July this year aimed at enhancing accessibility in important capital markets. TUSD believes that this partnership with MooreHK will further solidify its position as a trusted and transparent industry-leading stablecoin. Additionally, The Network Firm—a certified accounting and auditing technology company focused on the cryptocurrency industry—will also collaborate with MooreHK to provide state-of-the-art technical support.