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birmingham
1 Level
7 Review
7 Karma

Review on TrueUSD by micheal cartie

Revainrating 4 out of 5

TUsd (true dollars)

trueusd, unlike the previous systems, in which only one bank account was evaluated by a particular company, the TRUE USD system of US dollars will be placed in the bank accounts of various trusted companies that have signed a third party contract.
The assets of these bank accounts are published every day and audited every month. The USD storage system assures users that they can have complete confidence in the TRUE USD.
TUSD is built for several purposes, including simple financial services and online business and commerce.



Pros
  • Each token is supported by a real usd
Cons
  • Compared to tether, it's still a long way behind