TrueUSD
Price
TUSD
About TrueUSD
TrueUSD coin has been gaining against the USD with a daily low of $0.9976 and a daily high of $1.00. Traders have traded a total volume of $197,403,767 in the last 24 hours. TUSD coin has a live market value of $1,279,810,775 in addition to a circulating supply of 1,280,135,704 TUSD Coins. There is, however, no maximum supply value that has been revealed.
TrueUSD is a U.S. dollar stablecoin pegged to USD at 1:1. First launched to a limited investor base in January 2018, TrueUSD has since grown to incorporate almost $400 million of backed tokens as of October 2020.
TrueUSD is one of a number of cryptocurrency stablecoins administered by TrustToken, a platform for tokenizing real-world assets.
As with other stablecoins, TrueUSD aims to facilitate increased liquidity and provide cryptocurrency traders and general users with a nonvolatile asset relative to free-floating tokens such as Bitcoin (BTC).
As of October 2020, TUSD is the 38th largest cryptocurrency by market cap.
How it works
This is a USD Stablecoin that is pegged to the US Dollar at a ratio of 1:1. At its inception, only a few investors were allowed to invest when it launched back in 2018. Since its launch, it has grown to integrate approximately $400 million of backed tokens. TrueUSD was created to facilitate liquidity and provide crypto traders and other users with an asset that is not as volatile as other tokens are.
Singapore, Singapore, 25th January, 2022, The stablecoin market experienced explosive growth in 2021. The total supply of U.S. dollar-pegged stablecoins soared to 388%, from $29…
Singapore, Singapore, 25th January, 2022, The stablecoin market experienced explosive growth in 2021. The total supply of U.S. dollar-pegged stablecoi
Catch up on the latest crypto market news at The Currency Analytics. Nexo Exchange is growing.
Catch up on the latest crypto market news at The Currency Analytics. Nexo Exchange is growing.
Singapore, Singapore, 30th November, 2021, Singapore, Singapore, November 30, 2021 –The year 2021 is a significant milestone for the Avalanche protocol: its on-chain DeFi TVL has exceeded $12 billion, hitting a record high, and it has risen to be a top-five public chain in terms of TVL. A crucial contributor to this achievement is Pangolin, […]
Singapore, Singapore, 30th November, 2021, Singapore, Singapore, November 30, 2021 –The year 2021 is a significant milestone for the Avalanche protoco
[PRESS RELEASE – Singapore, Singapore, 4th November 2021] TrueUSD, the first independently-verified stablecoin redeemable 1-for-1 for US Dollars and early participant in DeFi, has officially announced the launch of its Fountain Incentive Plan. This plan will serve as an incubator for projects with potential by introducing $1 billion worth of TrueUSD and other digital assets […]
[PRESS RELEASE – Singapore, Singapore, 4th November 2021] TrueUSD, the first independently-verified stablecoin redeemable 1-for-1 for US Dollars and e
Catch up on the latest crypto market news at The Currency Analytics. Justin Sun is promoting all stable coins that come to his attention.
Catch up on the latest crypto market news at The Currency Analytics. Justin Sun is promoting all stable coins that come to his attention.
NEW YORK--(BUSINESS WIRE)--TrueUSD, the world's most transparent stablecoin that is fully collateralized and independently attested live on-chain, recently announced its partnership with the crypto-friendly Signature Bank (Nasdaq stock symbol: SBNY). T...
NEW YORK--(BUSINESS WIRE)--TrueUSD, the world's most transparent stablecoin that is fully collateralized and independently attested live on-chain, rec
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