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Review on TrueUSD by Prisca Unegbu
TrueUSD is a USD-backed ERC20 stablecoin that is fully collateralized, legally…
TrueUSD is a USD-backed ERC20 stablecoin that is fully collateralized, legally protected, and transparently verified by third-party attestations. TrueUSD uses multiple escrow accounts to reduce counterparty risk, and to provide token-holders with legal protections against misappropriation. TrueUSD is the first asset token built on the TrustToken platform.
Pros
- TrustToken is a platform to create asset-backed tokens that you can easily buy and sell around the world. For example, gold to gold tokens or dollar to dollar tokens.
Cons
- Always stable know much fluctuation and not good for trading
