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Why TrueCoin Is the Stablecoin to Watch in 2018

Tether was one of the most prominent stablecoins in 2018, but it faltered due to bad practices. Tether is not trusted in the industry because for a time they stopped allowing withdrawals, ceased reporting clear audits of assets and have occasionally failed to maintain enough collateral. Simply put, stablecoins are only successful in the long term if they can maintain a strong level of trust as a regulated asset.

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Why TrueCoin Is the Stablecoin to Watch in 2018

Tether was one of the most prominent stablecoins in 2018, but it faltered due to bad practices. Tether is not trusted in the industry because for a time they stopped allowing withdrawals, ceased reporting clear audits of assets and have occasionally failed to maintain enough collateral. Simply put, stablecoins are only successful in the long term if they can maintain a strong level of trust as a regulated asset.

Read More