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Ex-Coinbase Execs Launch Exchange with PayPal Stablecoin
- TrueX, a new crypto exchange, has been launched by ex-Coinbase executives.
- The platform will use PayPal's stablecoin, PYUSD, as its main form of settlement.
- TrueX aims to provide smooth and secure crypto trading without holding users' funds in traditional bank accounts.
- The platform has already raised $9 million in seed funding and received backing from big names in the crypto world.
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