Review on TrueUSD by Sheila Cova
True USD Project
TrueUSD (TUSD) is a cryptocurrency designed to provide stable value within the volatile blockchain-based money industry. The true price of the USD is linked to the price of the United States dollar in a one-to-one relationship. The idea behind linking the price of TrueUSD with the fiat currency is an attempt to provide cryptocurrency market traders with a safe haven during the time of major market fluctuations. The True USD coin was designed by a group of enthusiasts who previously worked with UC Berkeley and Google. The coin became a great success for the team. The TUSD coin is currently available to cryptocurrency exchange traders worldwide.
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Pros
- You can trade TrueUSD on over 70 exchanges, over 160 markets, and over 20 OTC counters across 5 continents.
- They have a code of ethics that demonstrates the commitment to always be fully supported, exchangeable, stable and compliant.
- You can send TrueUSD to anyone, anytime, anywhere, up to 100 times cheaper and 1000 times faster than a bank transfer.
- It has a partnership with the main crypto exchange Binance, its users can buy TUSD for zero fees and exchange it for fiat currency.
Cons
- I have nothing negative to contribute for now.
