While TrueUSD works like the majority of other digital currencies, there are some unique aspects to it. As suggested by its name, it is backed up by the US dollar which allows easy redemption at all times. What is even more, TrueUSD is available on more than seventy exchanges across five continents which makes it a global player in the world of digital currencies. Furthermore, as a stablecoin, you can redeem one TrueUSD coin for one US dollar which means greater stability.
TrueUSD Online Casinos
Those who want to use TrueUSD for online gaming will need to purchase their TrueUSD coins and for this, they can use many different trust companies. Here, the player must pass a mandatory KYC/AML after that he or she can send funds in US dollars to a chosen trust company. Once the sent funds are verified by the company, the currency’s smart contract issues the specific TrustUSD to the player’s Ethereum address.