TrueUsd is a stablecoin that guarantees the dollar equivalent of a token whenβ¦
TrueUsd is a stablecoin that guarantees the dollar equivalent of a token when converted and it's not affected by market conditions. Traders use it as an escape route and guarantee of Fiat value when trading
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Pros
It's an easy gateway to turn your cryptocurrency asset to it's USD value which is needed especially in this bear market
Cons
TrueUsd is only available in a selected few exchanges and not widely use like tether which makes the adoption level quite low