Review on TrueUSD by Danh Huỳnh Ngọc Công
TrueUSD is a good stable coin that is well known by the majority of people…
TrueUSD is a good stable coin that is well known by the majority of people. This is a good way to access the crypto world. However, the question is "Can we trust that there are assets back this coin?"
Updated 5 years ago
Rating has not been changed
Positive points:
- It has been traded on various exchanges so it is very good for traders who use multiple platforms
- Its source code is publicized on Github so anyone who wants to verify it can do it easily
- The information about the company is reachable on their website
Pros
- - The price is not fluctuating like the other coins on the market - There is a good team behind the project - Run on top of Ethereum, the second most secure blockchain
Cons
- - Stable coins always have the problem with the assets that back them - Not a good investment as it is stable
