Review on TrueUSD by Jordan Gibbons

Name: TrueUSD
Item: TrueUSD
Rating: 4

August 28, 2018

TrueUSD is a stable dollar supported by USD. TrueUSD offers credit card full…

TrueUSD is a stable dollar supported by USD. TrueUSD offers credit card full collateral, regular audits and legal protection in exchange for TrueUSD for USD. TrueUSD will provide a long-awaited transaction tool for electronic money trader, and allow consumers and businesses to use electronic money as a means of exchange.
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Pros

As one of the most widely used legal vehicles for fund management, escrow accounts allow regular audits and legal protections for coin owners. See FAQ for more details. May change to USD Any organization that has a verified account going through a standard KYC / AML check has the option of buying TrueUSD for the dollar. Reliable Fund Manager Our legal framework allows you to exchange USD directly with your trust account - we never touch funds. Instead, we connect you with one of our trust accounts in our network of trust and banking partners to buy or redeem TrueUSD. This reduces the risk of conventional partners in other collateralized stable projects.

Cons

TrueCoin is a stablecoin aimed at providing a more transparent replacement for Tether and its USDT digital token. However, I do not know if it can do that, does it have problems like Tether. And not much information about the company