🔔 TOP 10 FACTS ABOUT TrueUSD (TUSD)
🔸 FACT 01
TrueUSD is a U.S. dollar stablecoin pegged to USD at 1:1
🔸 FACT 02
First launched to a limited investor base in January 2018, TUSD has since grown to incorporate almost $400 million of backed tokens as of October 2020
🔸 FACT 03
TrueUSD is a stablecoin launched by parent company TRUST TOKEN.
🔸 FACT 04
TrueUSD is one of a number od cryptocurrency stablecoins administered by Trust Token, a platformfor tokenizing real-world assets
🔸FACT 05
TrueUSD aims to facilitate increased liquidity and provide cryptocurrency traders and general users with a nonvolatile asset relative to free-floating tokens such as Bitcoin.
🔸FACT 06
TrueUSD aims to balance stabili and utility - the main use cases of any stablecoin
🔸FACT 07
Given its status as a stablecoins, the supply is uncapped, and will continue to expand according to demand
🔸FACT 08
There are two incarnations of TUSD available: an ERC-20 token on Ethereum and another, TUSD, a BEP-20 token on Binance Chain
🔸 FACT 09
TrueUSD’s equivalent redeem ability for USD is maintained via partnerships with banks and fiduciary entities
🔸FACT 10
TrueUSD provides its token holders regular attestations of escrowed balances, full collateral, and also the legal protection against misappropriating underlying USD
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$TUSD #tusd #Stablecoins