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Review on TrueUSD by Albert Smith

Revainrating 3 out of 5

TrueUSD one of the most popular stable coins

Other real-world assets will be tokenized using smart contracts as the next natural step in tokenization. This may allow individuals to own portions of rental homes, copyrights, or other income-producing assets that allow token holders to get a portion of the revenue generated by their token ownership, all maintained safely and without expense via smart contracts.

TUSD, according to the TrustToken team, complements current stablecoin initiatives like as Tether, BaseCoin, and MakerDAO. TrustToken differs from BaseCoin and MakerDAO in that they employ algorithms to ensure stability, but TUSD is asset backed and therefore maintains stability.

Pros
  • As a result, TrustToken has a very different target demographic.
Cons
  • Algorithm-based solutions are fascinating possibilities, but they haven't been tried or validated in the real world, according to the researchers.