- #165
TrueUSD TUSD
TUSD Price
Market Cap
$496.10 MRank #165FDV
$496.25 MRank #241Investors
X Followers
Detailed Performance
TUSD shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
TUSD to USD Converter
Price History
- All-Time High
- $1.611.61x to ATH
- All-Time Low
- $0.88361.13x to ATL
- Trade Launch Date
- 6 Mar, 2018
2483 days ago
Exchanges
Exchanges type
About TUSD
TrueUSD (TUSD) is a USD-backed stablecoin, which means that each token is backed by one US dollar held in reserve. It is designed to provide stability and transparency in the volatile cryptocurrency market. TrueUSD is issued by TrustToken, a platform that aims to bridge the gap between traditional finance and the blockchain industry. TrueUSD tokens can be purchased and redeemed directly through a TrueUSD account, making it easy for users to access and use the stablecoin. The TrueUSD team works closely with the TrustToken team to ensure compliance, transparency, and customer satisfaction.
What makes TrueUSD unique?
TrueUSD is unique compared to other cryptocurrencies because it is a stablecoin backed by the US dollar. This means that for every TrueUSD token in circulation, there is an equivalent amount of US dollars held in reserve. This provides stability and mitigates the price volatility commonly associated with other cryptocurrencies. Additionally, TrueUSD has implemented a "Proof of Reserves" mechanism, which ensures that the amount of US dollars backing the tokens can be independently verified. This transparency and accountability set TrueUSD apart from other cryptocurrencies.
Live TrueUSD Price Data
The current price of TrueUSD (TUSD) is approximately $1.00, reflecting a decrease of -0.10% in the last 24 hours. The TUSD trading volume in the last 24 hours stands at $34.98 million. TrueUSD's market cap is currently $496.10 million, accounting for about 0.01% of the total crypto market cap. The circulating supply of TUSD is 495.60 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand TrueUSD's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on TUSD, check out our crypto insights page.
Official Links
TUSD to USD Converter
Price History
- All-Time High
- $1.611.61x to ATH
- All-Time Low
- $0.88361.13x to ATL
- Trade Launch Date
- 6 Mar, 2018
2483 days ago