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Type of review

Revainrating 4 out of 5

TrueUsd is a similar coin to USDT and it aims to create a stable currency. It…

TrueUsd is a similar coin to USDT and it aims to create a stable currency. It is a new project born in 2018. I have to say that I am skeptical about stable crypto currency but (unfortunately) we still need them especially in those early stages. TUSD as I said is an alternative to the USDT. We need those kind of alternatives to create competition but the main issue is that it doesn’t bring anything newit is very useful for me when market is dowtrend.

Pros
  • good
Cons
  • very useful

Revainrating 4 out of 5

Each TrueUSD token is backed up from 1 to 1 with real US dollars. However…

Each TrueUSD token is backed up from 1 to 1 with real US dollars. However, TrustToken does not really have any reserve in USD. Instead, they have partnered with legally registered banks and fiduciary institutions that hold the dollars in custody, a proven and widely understood legal framework that has been in use for generations.

Pros
  • save fees
Cons
  • Doesnt bring anything new to the table

Revainrating 4 out of 5

TrueUsd is a similar coin to USDT and it aims to create a stable currency. It…

TrueUsd is a similar coin to USDT and it aims to create a stable currency. It is a new project born in 2018. I have to say that I am skeptical about stable crypto currency but (unfortunately) we still need them especially in those early stages. TUSD as I said is an alternative to the USDT. We need those kind of alternatives to create competition but the main issue is that it doesn’t bring anything newit is very useful for me when market is dowtrend.

Pros
  • good
Cons
  • very useful

Revainrating 3 out of 5

TrueUsd is a similar coin to USDT and it aims to create a stable currency. It…

TrueUsd is a similar coin to USDT and it aims to create a stable currency. It is a new project born in 2018. I have to say that I am skeptical about stable crypto currency but (unfortunately) we still need them especially in those early stages. TUSD as I said is an alternative to the USDT. We need those kind of alternatives to create competition but the main issue is that it doesn’t bring anything new.

Pros
  • An alternative of USDT
Cons
  • It doesn't bring anything new to the crytpo space

Revainrating 4 out of 5

TrueCoin, found online at TrueCoin.com, aims to create a USD-backed stablecoin…

TrueCoin, found online at TrueCoin.com, aims to create a USD-backed stablecoin called the TrueUSD. That digital token works in a similar way to Tether and its USDT: it promises to offer stable value backed 100% by real USD stored in a bank vault. Tether, of course, has faced criticism in recent months due to its lack of transparency. The company has been accused of not letting auditors verify its cash reserves. All USDT are supposed to be backed by $1 USD in a real, liquid reserve. However…

Pros
  • TrueCoin, on the other hand, will adopt a completely different model, allowing users to view daily and monthly audits from outside professionals. Users – like exchanges – will also be able to exchange their TrueUSD 1:1 by interacting directly with TrueCoin’s affiliated trust companies, which means TrueCoin never actually handles your money during the withdrawal.
Cons
  • TrueCoin is a stablecoin that aims to offer a more transparent alternative to Tether and its USDT digital token. Today, many exchanges use Tethers as a way for users to exchange cryptocurrencies into stable fiat currencies. However, Tether has faced criticism for its alleged lack of audits.

Revainrating 5 out of 5

Each TrueUSD token is backed up from 1 to 1 with real US dollars. However…

Each TrueUSD token is backed up from 1 to 1 with real US dollars. However, TrustToken does not really have any reserve in USD. Instead, they have partnered with legally registered banks and fiduciary institutions that hold the dollars in custody, a proven and widely understood legal framework that has been in use for generations.

Pros
  • If you have an Ethereum wallet that we admit, you can get instant access to TUSD to protect yourself against market changes and position yourself for success, whether you want to charge or re-enter when prices fall.
Cons
  • · USD funds are verified in certifications regularly scheduled by a trusted audit firm. · The token minting / recording system guarantees that each TrueUSD token is backed by 1 USD. · As an ERC20 token, TrueUSD can be stored in an Ethereum wallet (something that can not be done with USDT).