What is Real USD?
Real USD (USDR) is a stablecoin, or cryptocurrency, that is pegged to the US Dollar. It was created by Tangible Cryptography LLC and launched in 2019. The coin is designed to provide users with a more secure and reliable way of storing their money than traditional fiat currencies. USDR can be used for payments, trading, investments, and other financial activities. Unlike other cryptocurrencies, USDR does not fluctuate in value due to market volatility as it is backed by real-world assets such as gold and silver. This makes it an attractive option for those looking for a safe haven asset.
The main benefit of using USDR over traditional fiat currencies is its low transaction fees and near-instant settlement times. Transactions are settled on the Ethereum blockchain which allows for faster processing speeds than traditional banking systems. Additionally, transactions are secured through the use of smart contracts which helps protect against fraud or manipulation.
USDR also provides users with greater control over their funds as they can store them in wallets that are protected from third-party interference or theft. Furthermore, users can easily convert their USDR into other cryptocurrencies or back into dollars at any time without having to go through an exchange.
Overall, Real USD provides users with a secure and reliable way of storing their money while also allowing them to take advantage of the benefits offered by digital currencies such as low transaction fees and fast settlement times.
