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 itβ¦
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
