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Review on TrueUSD by giang nguyen

Revainrating 5 out of 5

Currently, TrueUSD is supported by USD. In the future, TrueEuro, TrueYen andโ€ฆ

Currently, TrueUSD is supported by USD. In the future, TrueEuro, TrueYen and the stable basket of tokenized merchandise (including precious metals and real estate) may be developed. The plan is for individuals to create their own token carts, with the market determining which assets are the most stable currency.
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TrueUSD's long-term goal is to become a stablecoin that the industry can trust.

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Pros
  • TrueUSD (TUSD) has the advantage of stable currency, legal protection, 1: 1 conversion ratio, transparency, bank level security. Direct Banking: Users do not have to interact with TrueCoin when they want to exchange their money for USD. Instead, they can trade directly with the company's bank and TrueCoin never touches the fund.
Cons
  • Overall the project is so perfect and I can not see the project's weaknesses, too logical and too great,