TrueUSD is a built-in coin in TrustToken. with a variety of superior featuresโฆ
TrueUSD is a built-in coin
in TrustToken. with a variety of superior features, but also has some disadvantages.
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Pros
With an Escrow Account
As one of the most widely used legal contracts for asset management, escrow accounts allow regular authorization and complete legal protection for token holders.
Transparent
Ownership of bank accounts is issued regularly and is subject to monthly professional approval.
Bank Level Security
They regularly undergo independent third-party evaluations by leading audit companies, to ensure the best security practices.
Maybe this will be a good choice for traders and investors.
Cons
$ 1 = 1TUSD
Every TrueUSD is always 100% guaranteed by the USD, which is held in professional company trust banks.
in our opinion this might be good for stability, but not good for markets with high liquidity.
In the coinmarketcup data supply is circulating at 72,642,553 TUSD, but we did not find the total amount of coin supply.
this makes some people ask questions.