1 Level
5 Review
0 Karma
Review on TrueUSD by Andrew Bukket
This project will be compared to the Tether (USDT) until the token proves itโฆ
This project will be compared to the Tether (USDT) until the token proves it has corrected the failures of its biggest competitor (audits). Growth should be sustainable.
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Pros
- This token is USD-backed ERC20 and is fully collateralized, legally protected, and verified by third-parties. TrueUSD uses escrow accounts to mitigate risk and to provide token-owners with protections against token misuses.
Cons
- TrueUSD doesn't capture funds that are acquired with a degree of transparency. Lack of stability and transparency are few things in doubt
