True USD (TUSD)
- Category: USD Stable coin
- Coin Launched: May, 2018
- Resources: White Paper
- Official Website: True USD
- Reddit: True USD
About True USD
True USD provides its token holders regular attestations of escrowed balances, full collateral, and also the legal protection against misappropriating underlying USD.
The team believes that True USD will be able to come up with the stable trading instrument for the traders of cryptocurrency
TRUEUSD History / Information / Buying / Staking
Introduced mid 2018, TrueUSD is a fully collateralized stablecoin backed by U.S. Dollars, launched via the Trust Token platform as the platform's continued effort to tokenize real-world assets on their collateralized platform.
HOW TRUEUSD WORKS
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.
BENEFITS OF USING TRUEUSD
Some of the benefits of using TRUEUSD are:
REDEEMABLE FOR USD FIAT
TRUST WORTHY FUND MANAGEMENT
CAN YOU STAKE TRUEUSD
You can stake TRUEUSD on some of the bigger exchanges and Earn TrueUSD.
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