1 Level
11 Review
9 Karma
Review on TrueUSD by Festus Samson
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 static
