Review on TrueUSD by Maximiliano Aquino
TrueUSD
TruUSD is a stablecoin supported by the USD currency, which brings a certain stability to those who invest, but it goes against the principles of decentralization, which for many fans, cryptography may not add much to the market. The idea of stability is half divided in the cryptographic environment, considering that volatility is one of the relevant factors for any project. But on the other hand, having all the guarantees of a fiat currency, TrueUSD becomes a good start for those who want to invest without many risks.
Pros
- USD currency-paired stability
- traded on several exchanges having a considerable volume
- many major investors behind the project, such as banks
Cons
- the lack of decentralization
