Give it up to TrueUSD

We are excited to announce the addition of TUSD to our Nitrogen Launchpad service, which allows users to get instant crypto-backed P2P loans in stablecoins.

Team Nitrogen
nitrogen.network
2 min readApr 18, 2019

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Nitrogen Launchpad now featuring a total of 5 stablecoins, is a powerful, yet very user-friendly tool with easy onboarding and instant matching. It represents a streamlined interface that accesses our P2P order book from the main platform, so users get loans with low APR even quicker now, avoiding any extra steps. The process is really simple:

  1. Select one of 3 maturity term options and any combination of available collateral and loan asset options.
  2. The matching engine works its magic and displays the best loan terms available.
  3. Conclude the loan deal by agreeing to it and sending the collateral to the smart contract address.
  4. Receive your loan instantly to your Metamask or Ledger.

Quick and efficient as it is, Nitrogen Launchpad remains a decentralized P2P platform governed by audited smart contracts.So security is not compromised — no 3rd party has access to funds of either side of the deals concluded, smart contracts act as escrow.

With its current market capitalization exceeding $200M USD (secure Top 40 position according to CMC), TrueUSD by TrustToken is one of the stablecoins with the highest adoption rates. TUSD is featured in a great number of trading pairs on the biggest exchanges, such as Binance, Huobi, Bittrex, DigiFinex OKex and others.

About TrustToken

TrustToken bridges real-world assets and blockchains, enabling trustworthy asset tokenization with legally enforceable smart contracts. The company has, alongside TUSD, issued TrueGBP, the The first tradable stablecoin backed 1-for-1 with British Pounds Sterling, and has plans to launch additional asset-backed tokens such as TrueEuro, TrueBond, and more — all of which can be listed on exchanges around the world for efficient global trade. TrustToken platform is known for its bank-grade security practices and transparency, with their bank account holdings undergoing regular attestations, the results of which are published on a monthly basis.

Enjoy an instant loan in TUSD now, or join the discussion in our Telegram chat if you’d like to know more about Nitrogen and clarify your questions.

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