Odaily News Golden Finance reported that two former senior employees of Coinbase are co-founding a cryptocurrency platform called TrueX, which will use PayPal's stablecoin as its preferred trading token. Before co-founding TrueX, Vishal Gupta was the head of Coinbase's exchange. During his tenure at Circle, he oversaw the launch of the USDC stablecoin. Patrick McCreary previously served as a senior engineer at Coinbase. Both of them worked at Goldman Sachs. (Bloomberg)