Compare Ethereum (ETH) vs TrueUSD (TUSD)

Ethereum is the second largest blockchain network after Bitcoin. Ethereum is created by a group of blockchain enthusiasts including Vitalik Buterin, Gavin Wood, Charles Hoskinson (Later founded ADA). Since then Ethereum become the second biggest blockchain which solves real-world problems and enables its system to host decentralized applications. Ethereum's protocols and developments are the main playground and still inspiring other major blockchains.

TrueUSD (TUSD) is a stablecoin that is pegged to the US dollar. It was launched in 2018 by the blockchain company, TrustToken. TrueUSD is backed by US dollars held in escrow accounts, with regular attestations from an independent accounting firm to ensure that the amount of TUSD in circulation is always fully collateralized by USD reserves. TrueUSD offers users a stable and transparent way to transact in cryptocurrency, as the value of one TUSD is always equivalent to one US dollar. This makes it particularly useful for individuals and businesses that want to avoid the price volatility of other cryptocurrencies while still taking advantage of the speed and efficiency of blockchain-based transactions. TrueUSD can be purchased on various cryptocurrency exchanges and can be stored in any cryptocurrency wallet that supports ERC-20 tokens. It can be used for a variety of purposes, including trading, remittances, and payments. TrueUSD also offers an API that developers can use to integrate the stablecoin into their own applications. TrueUSD provides a reliable and secure alternative to traditional fiat currency, with the added benefits of blockchain technology and cryptocurrency. It is a popular stablecoin and is widely used in the cryptocurrency ecosystem.