TrueUSD TUSD to Moss Coin MOC Exchange

Crypto Pair Details: TUSD to MOC

TrueUSD TUSD

TrueUSD provides its token holders regular attestations of escrowed balances, full collateral, and also the legal protection against misappropriating underlying USD. The team believes that TrueUSD will be able to come up with the stable trading instrument for the traders of cryptocurrency that has been long-awaited. This will allow the businesses and consumers to use the digital currency as a medium of an exchange. The goal of the TrueUSD team was to build a coin that is stable and which can be used and trusted by them too. TrustToken is a platform that creates the tokens backed by assets that can easily be purchased and sold all around the world. The first asset token of TrustToken is TrueUSD, which is a stable coin and can be redeemed 1-for-1 for US dollars. TrustToken have partnered with registered fiduciaries and banks for holding the funds securely backed by TrueUSD tokens. To increase the amount of security, fiduciaries, and banks directly handle all the funds. Escrowed funds do not give access to the TrueUSD system. TrueUSD works with various trust companies which already manage around billions of dollars. Just pass an AML/KYC check, send USD to a trust company with an agreement of escrow. When the funds get verified, their API tells the smart contract of TUSD to mint an equal amount of TUSD to your public Ethereum address. The USD funds are regularly verified in scheduled attestations by a very much trusted auditing firm. USD funds are kept safely in a third party account, that is escrow accounts, wherein TrustToken does not hold any direct access to the funds and cannot abscond with them even if they wish to. The token burning and minting system makes sure that every TUSD token is backed by 1 USD. A mandatory check of AML/KYC makes sure that TUSD keeps shady people away from the entire project. TUSD makes faster transactions in low transaction fees. Even though TUSD is a unique offering, it is most likely overshadowed by its bigger competitors - Tether. While TUSD arguably offers more security and features, it may be losing the marketing battle. This is not to say that the situation will remain the same. With more crypto investors joining the market every day, the good times for TUSD may be on their way.

Moss Coin MOC

MomoCash is an innovative cryptocurrency. A form of digital currency secured by cryptography and issued through a decentralized and advanced mining market. Based on Dash, it's an enhanced version, featuring the masternode technology with 50% Reward, near-instant and secure payments as well as anonymous transactions. Momo is an experimental new digital currency that enables anonymous, instant payments to anyone, anywhere in the world. Momo uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. MomoCash Core is the name of the open source software which enables the use of this currency. The emergence of blockchain-based decentralized digital currencies woke up hopes for the beginning of a better world. A world, where wealth is distributed fairly without control and influence of a powerful middleman. Although blockchain technology equipped us with a perfect tool to make this dream come true, it will not happen by itself. The concept of a socially responsible cryptocurrency inspired us to create Ultima - a platform designed to support endeavors of its community in various areas. The Ultima Multi-Module Platform (MMP) includes functionalities ranging from a digital marketplace to crowdfunding and charity components. By working together on noble causes we will regain the faith in cryptocurrencies.

SOURCE: COINGECKO

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