TUSD - the new digital dollar. | Bitcointalksearch.org

sunk818

full member

Activity: 1176

Merit: 111

Quote from: zxl912157 on October 19, 2018, 11:50:01 PM

It is true that what has been said in this forum is because Tether has made a problem with the value they hold.
When TUSD comes, this will be a good competition to defeat Tether.

Circle USD (USDC)
TrueUSD (TUSD, TrUSD)
Gemini Dollar

Anything is better than Tether when you have audited financials versus shady Tether.

Deallove9

copper member

Activity: 168

Merit: 0

This is another stable coin in replace to tether , I think the pairing to btc and other coin will be a kind of safe side for converting to fiat when dip mode and is a stable coin that will prevent traders from loosing their value in dollar when that market crash.

zxl912157

sr. member

Activity: 588

Merit: 250

It is true that what has been said in this forum is because Tether has made a problem with the value they hold.
When TUSD comes, this will be a good competition to defeat Tether.

sunk818

full member

Activity: 1176

Merit: 111

Quote from: talkbitcoin on August 10, 2018, 04:26:06 AM

i don't see any difference between Tether and TUSD to be honest. they are both centralized altcoins that promise to be backed by real dollars and the difference is that TUSD is new so they may still be backed by real USD while Tether is old and in the beginning it was the same as TUSD.
not to mention that TUSD is based in US and is focused in Bittrex and i don't trust either of them.

if you ask me, they are both equally bad and at the same time convenient to use at times for certain use cases while trading. however the KYC of TUSD may also be considered one of the biggest flaws in it.

Tether still has not been audited properly. TrueUSD has been audited properly. All values on ERC20 is easily witness using a service like EtherScan.

Now that Gemini USD is out (GUSD), this is the end for Tether.

With so many audited stable coins available now, Tether needs to show their books otherwise it is buh-bye.

Pet240

jr. member

Activity: 486

Merit: 3

This is a good development, if it will help to scale through the several problems encountered with USDT. It is alsodo good to see it start on a good note with good volume as well as on one of the trusted exchanges.

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

i don't see any difference between Tether and TUSD to be honest. they are both centralized altcoins that promise to be backed by real dollars and the difference is that TUSD is new so they may still be backed by real USD while Tether is old and in the beginning it was the same as TUSD.
not to mention that TUSD is based in US and is focused in Bittrex and i don't trust either of them.

if you ask me, they are both equally bad and at the same time convenient to use at times for certain use cases while trading. however the KYC of TUSD may also be considered one of the biggest flaws in it.

Yudhisthir

full member

Activity: 1055

Merit: 103

Tether though with a lot of conspiracy and accusation achieved what many promising coins couldn't. Viewing the success of Tether, there are many other fiat fixed currency being issued. But the first challenge for them is to being accepted in multiple platforms like USDT, Many exchanges are already using Tether and it would be complicated to add more than one Dollar fixed crypto and would also create more confusion to the users.

suraza21

newbie

Activity: 126

Merit: 0

TrueUSD is a stable dollar supported by USD. TrueUSD offers credit card full collateral, regular audits and legal protection in exchange for TrueUSD for USD. It is the right choice for financial services organizations or traders or or the delivery Other translations

dhiraj0977

jr. member

Activity: 518

Merit: 1

Nice. By introduction of Tether (USDT) and TUSD, we have easily flexibility and control over our trade and stabilize our loss and gain.

george_crypto

full member

Activity: 406

Merit: 102

At first glance, TUSD looks more trustable than USDT, but I think we need more options for stable currencies.

Temmy007

full member

Activity: 392

Merit: 100

It good that there is not a competition to cub monopoly or tether; nevertheless all this are still centralized and controlled by a company; I won't want to save my funds in any or them for long

waterproof

member

Activity: 336

Merit: 14

I've heard that TUSD can be created as many as you want and this can be done by one company. It's not really good. Maybe the moment comes when it just disappears.

andytruongct

newbie

Activity: 72

Merit: 0

When TUSD was born, I have doubts about its existence. Its birth seems to be for the benefit of some individuals or organizations. At that time people were shouting "this is the year of stable coin". I really do not trust that much. If you want the market to stabilize, it's best to have only one clear and transparent stable coin. Maybe I'm skeptical, I think it takes more time to prove the existence of TUSD is necessary

wayaneka

full member

Activity: 644

Merit: 101

I think TUSD is better than USDT because they has more legitimasi and auditable. TUSD is more transparency than USDT so should be this stable coin replace USDT for better ecosystem in crypto market, because i heard USDT was manipulated price of crypto in december.

kent47400

newbie

Activity: 210

Merit: 0

Quote from: entr on March 07, 2018, 06:42:44 AM

Tether was no longer trusted by users. I hope TrustUSD take place of Tether ASAP.

that's good friend because maybe when there is one who stands like Tether it will make monopoly.

but when there is a competitor coming (TUSD) then the monopoly will think twice to launch, because consumers will gladly move the bow.

dnsokoljuk

member

Activity: 924

Merit: 11

I heared that this year stabil coins will be a leader in market trading and more and more people will love this kind of "crypto". Benefits is clearly: people want a stabil currency which they can trust and this type of currency can be liked by banks.

tomisinade

jr. member

Activity: 73

Merit: 1

I don't know why creating another USD backed cryptocurrency is needed. I think tether is good enough to serve that purpose and considering USDT has a reputable platform and has a lit more pairs on exchanges, I don think I will be opened to changing to another project which ia still relatively untested I different market conditions.

SheldonLeeCooper

full member

Activity: 434

Merit: 109

Attestation of TrueUSD Funds — Examined July 31st, 2018

Cohen & Company has published their latest independent attestation of the bank accounts holding the collateral for TrueUSD.

https://drive.google.com/file/d/1LL2ybvBk_uA60DdR_KjFkry6ON_VruAD/view?usp=sharing

The TrueUSD funds were examined on July 31st, 2018 and contained a balance of $60,932,767.02

https://blog.trusttoken.com/july31st-600b3ae55c0a

entr

sr. member

Activity: 602

Merit: 277

Tether was no longer trusted by users. I hope TrustUSD take place of Tether ASAP.

hdtqisg

sr. member

Activity: 686

Merit: 250

Quote from: maxusnef on March 07, 2018, 05:47:57 AM

Tether (USDT) is an unusual crypto currency created by Tether Limited in early 2015, the main purpose of which is the creation of an opportunity to bypass various barriers when converting real money into a digital currency. This is the so-called stable-coin, which is tied to the rate of a fiat (regular) currency and is characterized by the least volatility, which is why it is a very profitable tool for entering and withdrawing funds.

In the crypto community at the expense of this crypto currency, there are many not very positive sentiments that are a fair response to the actions (inaction) of Tether Limited:
-Break of relations with the auditor.
-It seems the endlessly repeated emission of tokens.
-Theft of almost $ 31,000,000
-Numerous charges.

Probably, TrustUSD (TUSD) was created on this basis.

The main differences between TrustUSD (TUSD) and Tether (USDT)
TrustUSD (TUSD) is 100% provided with US dollars. TrueUSD offers token holders the full provision of each token with US dollars.
Regular attestation. The first independent appraisal has already been published.
In fact, it is a tokenized US dollar. If you keep TrueUSD tokens, pass a KYC / AML check and comply with the terms of use, you have a legally enforceable right to exchange TUSD tokens for real USD and vice versa.

Right now, TrustUSD is traded only on the Bittrex exchange in a pair of BTC / TUSD.
In less than 12 hours of presence on the stock exchange, the trading volume of TUSD / BTC has already reached 376 BTC, which is more than $ 4,000,000.

Tether (USDT) and TrustUSD is the best to sent money without lose value! This is a great but need more work to bring it for all member!

Topic: TUSD - the new digital dollar. (Read 223 times)