TrueUSD (TUSD) or Tether: What cryptocurrency do you use to stabilize your winnings?

jaimewilliam (53)in #cryptocurrency • 6 years ago

Tether (USDT) is going through its worst moment. Without real audits, rumors about manipulation of the cryptocurrency markets, Bitfinex controversies, internal problems, exchanging and printing additional tokens saying that they are backed by each and every one of them ... However, the Tether team did a good job creating a stablecoin to take refuge from the enormous volatility of the market, but what is happening? I think greed breaks the sack, and when the river sounds so much is that the water is going to overflow somewhere, was a strong advocate of USDT but every time I sympathize less.

Today we have a good alternative, which we can consider today as '' safe '', it is called TrueUSD, a new stable currency that is increasing. Developed by TrustToken, a team that comes from Stanford, Palantir, Google and Berkeley, funded by Founders Fund Angel, Stanford-StartX and BlockTower Capital. The objective of the project is to build a platform to symbolize the 256 billion real-world assets.

The first product on the TrustToken platform is TrueUSD, a stablecoin backed by USD that you can exchange and trust. TrueUSD is 100% guaranteed for dollars in legally protected custody accounts, with multiple banking partners, so you can trade, send and receive payments with peace of mind.

It is an interesting debate in which we could include other stablecoins, but I believe that the future goes through TUSD, what do you think about this hypothetical war for the stability of the crypto market?