Header banner
Revain logoHome Page
aaron james photo
1 Level
12 Review
4 Karma

Review on TrueUSD by aaron james

Revainrating 4 out of 5

Each TrueUSD token is backed up from 1 to 1 with real US dollars. However…

Each TrueUSD token is backed up from 1 to 1 with real US dollars. However, TrustToken does not really have any reserve in USD. Instead, they have partnered with legally registered banks and fiduciary institutions that hold the dollars in custody, a proven and widely understood legal framework that has been in use for generations.

ο»Ώ

Pros
  • save fees
Cons
  • Doesnt bring anything new to the table