Review on TrueUSD by Mayra Coba
TUSD should not be confused
TrueUSD is a stable token and its price is fixed and backed by the dollar. For those who do not know, TUSD is the ERC-20 token that this platform uses. TUSD is backed by USD, legalized, verified and protected. TrueUSD has a similar vision to other stablecoin projects. It wants to be an instrument for the most widely used cryptocurrency traders.
These are some properties of your token:
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It is one of the best projects that you can find as an alternative to Tether (USDT), but there are many who confuse these trading pairs of stablecoins and this causes a little loss of knowledge about TUSD. Hopefully it can hold up and continue to establish itself as one of the best stablecoins in the community.
Pros
- It is one of the oldest and most stable coins you can find.
- It is audited for which it is reliable.
- It is an ERC20 token that uses the Ethereum network and can be stored together with many other tokens in popular wallets.
- You can trade on the most popular exchanges.
Cons
- Many confuse it with USDT.
- It is not widely used by users.
- I think I should get more support from the community.
