1 Level
5 Review
0 Karma
Review on TrueUSD by JOSE ANTONIO GOMEZ BUCAN
TrueUSD provides its token holders regular attestations of escrowed balances…
TrueUSD provides its token holders regular attestations of escrowed balances, full collateral, and also the legal protection against misappropriating underlying USD. The team believes that TrueUSD will be able to come up with the stable trading instrument for the traders of cryptocurrency that has been long-awaited. This will allow the businesses and consumers to use the digital currency as a medium of an exchange.
Pros
- TrueUSD utilizes multiple escrow accounts to reduce counterparty risk, and to provide cardholders with legal protection against expropriation. TrueUSD is the first property token built on the TrustToken platform.
Cons
- TrueUSD doesn't capture funds that are acquired with a degree of transparency. Lack of stability and transparency are few things in doubt
