This project will be compared to the Tether (USDT) until the token proves itβ¦
This project will be compared to the Tether (USDT) until the token proves it has corrected the failures of its biggest competitor (audits). Growth should be sustainable.
ο»Ώ
Pros
This token is USD-backed ERC20 and is fully collateralized, legally protected, and verified by third-parties. TrueUSD uses escrow accounts to mitigate risk and to provide token-owners with protections against token misuses.
Cons
TrueUSD doesn't capture funds that are acquired with a degree of transparency. Lack of stability and transparency are few things in doubt