Meet TrueUSD on CoinLoan

UpdateAug 08, 2018

We’re adding TrueUSD (TUSD) stablecoin on CoinLoan Platform. Now anyone has an opportunity to use it as a currency for issuing and borrowing the same way as EUR.

What’s TrueUSD?

TrueUSD is a fixed price token, fully collateralized by the USD dollar, it means that you can exchange TUSD one-to-one for US dollars.

TUSD was listed on largest digital currency exchanges. You can check it on CoinMarketCap: https://coinmarketcap.com/currencies/trueusd/#markets

Why Does It Matter to CoinLoaners?

We offer using TUSD as an alternative to USD currency. Platform users will be able to borrow some money in TUSD and convert it into fiat at any exchange with 1:1 parity between TrueUSD and USD.

How to Use It on CoinLoan Platform?

From now on, you can find TrueUSD in the My Wallet tab of the fiat currency list along with EUR. Anyone can choose TUSD as a currency to provide or borrow a loan by creating an application.

You are welcome to test the new features and share the experience with CoinLoan team. If you know how to make the CoinLoan platform even more accessible and easy-to-use, don’t hesitate to contact us via support@coinloan.io.

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Disclaimer:

The information provided by CoinLoan ("we,” “us” or “our”) in this report is for general informational purposes only. All investment/financial opinions expressed by CoinLoan in this report are from the personal research and open information sources and are intended as educational material. All outlined information is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information in this report.