TrueUSD (TUSD)

in cryptocurrency •  6 years ago  (edited)

TrueUSD (TUSD) is a new stablecoin (an electronic currency with little price movement) similar to the Tether (USDT) built on the Trust Token platform (a platform that connects blockchain to real assets). ) you can convert 1 TUSD to 1 USD. TrueUSD is the only currency coding system that provides credit card holders with complete information about dollar mortgages, certificates and legal safeguards to change TUSD to dong. USD.

Its purpose is to create a simple stablecoin, without having to trust some companies with hidden bank accounts (Tether USDT) or specific algorithms. TrueUSD legal framework allows you to exchange USD directly with escrow accounts that they are not allowed to intervene in your money thanks to the role of third person (escrow account, is a reputable affirmation in the platform that does not involve trader and TrueUSD) as intermediaries to create the best transparency and use smart contracts to ensure a 1: 1 ratio for TUSD / USD.

Features and Features of TrueUSD
TrueCoin emphasizes the following core features:

Value Stability: The value of TrueUSD is supported by the dollar, making it a stable currency that any electronic money exchange can use.
Legal Protection: Anyone who passes the KYC / AML standard check has the right to use TrueCoin legally for USD.
Guaranteed 1: 1 ratio between TUSD and USD: All TrueCoins coins are always 100% mortgaged in USD, kept at banks of publicly traded companies.
Transparency: True Bank's bank account will be publicly known and subject to monthly audits by reputable third parties.
Bank-level security: TrueUSD will regularly undergo third party independent audits by top auditors to ensure the best possible security practices.
Direct withdrawal at the bank: Users do not need to interact with TrueUSD when they want to change money for USD. Instead, they can trade directly with the company's bank, and TrueCoin never touches the fund.

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tusd got listed on some huge exchange like huobi, okex and also kucoin with 99% trading fee discount? is it worth?

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