Review on sUSD by RODRIGO REIS
One more stablecoin
The idea of Synthetix platform was to create a cryptocurrency accessible to everyone, operating dollars in the cryptomarket backed 1: 1 with the US dollar.
Stablecoins are very important on the cryptomarket. They have a great role on transactions and an interesting way of storage digital money. Stablecoins can become a great
relief for World Economy
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Pros
- sUSD is a reliable and secure project developed by Synthetix platform
- sUSD was created backed 1: 1 with the US dollar. ItΒ΄s a stable coin
- sUSD holders have several benefits, mainly as a digital money reserve
- TTransactions with sUSD are fast and secure
- Token sUSD is available to trade in several exchanges
Cons
- Few exchanges are trading this token
- There is a great numberof stablecoins on the cryptomarket. Strong competition
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Comments (2)
January 27, 2021
This stablecoin is really interesting. However, it is not as popular in the cryptocurrency market because there are already other similar ones but it is still loved by many other users to use it as an alternative.
October 24, 2020
sUSD (SUSD) is a cryptocurrency and operates on the Ethereum platform. sUSD has a current supply of 22,510,653.0839032. The last known price of sUSD is 1.00088747 USD and is up 0.10 over the last 24 hours. It is currently trading on 36 active market(s) with $3,370,248.99 traded over the last 24 hours.
