TrueUSD (TUSD) is a transparent and legally-verified ERC-20 token built on the TrustToken platform. TrueUSD is fully backed by the US Dollar. TrueUSD maintains a 1:1 ratio to the US Dollar. Among other things, the coin is fully collateralized and can be instantly redeemed through the official TrustToken website. The project has several other major positives. Using separate escrow accounts to store TrueUSD's dollar holdings is a great preventive measure against market volatility. The token's exchange ratio encourages more users to enter the market without buying into Bitcoin or Ethereum first. TrueUSD is designed to be more mainstream and allow regular businesses and individuals to reap the benefits offered by blockchain. TUSD is an ERC-20 token that users can store on any wallet that supports Ethereum. With that being said, there are some minor drawbacks. The coin is impossible to mine, which may discourage some from buying in the first place. What’s more, TUSD is still being overshadowed by its bigger competitor — Tether. While this may change as time goes on, TUSD may be losing the marketing battle for now. However, Tether has been among the most-liked and trusted cryptocurrencies since it launched in 2014.