1 Level
154 Review
169 Karma
Review on TrueUSD by Mr Benji
The young brother of Tether
Audits - Unlike USDT, True USD, or TUSD, undergoes regular audits, which show that it has 100% collateral in dollars. It makes you trust him at this point.
TUSD is an ERC20 token, it uses the Ethereum network, which is the most popular platform for tokens. Thanks to this, TUSD can be stored along with many other tokens on numerous mobile, desktop and physical wallets. An example is MyEtherWallet.
TUSD has already introduced the largest stock exchanges, including Binance and Huobi.
Popularity - In truth, trade couples with TUSD are still not as popular as couples with Tether, but with the popularization of this token, its turnover is increasing. On the recommended Binance stock exchange, there are more and more coins and tokens, which we can buy directly for TUSD, and the daily turnover of many of them already exceed many millions of dollars today.
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Updated 5 years ago
Rating has not been changed
- launching our first Asia-based stablecoin TrueHKD using Hong Kong based Legacy Trust
- Pokket partnership
- TrustToken Partners with Binance to Enable Easier Access to Stablecoins
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Pros
- As an ERC20 token can be held in ETH wallets
- TUSD funds are regularly audited
Cons
- Stablecoin created as an alternative to USDT, which is not very popular in the community.
New products
Comments (1)
October 02, 2019
So you wrote your review 3 months ago but now situation looks better for TrueUSD. I mean now TrueUSD trades on Binance, OKEx, CoinEx, BitMart, Bittrex, Bitsdaq, KuCoin, HitBTC. What kind of popular do you want? Big trading volumes, many major exchanges.
