TUSD price
0.99934 USD 0.03% 0.00006044 BTC

Financial indicators TUSD

  • Rank: 51
  • Market Cap: 807313000 $
  • 24 Hour Volume: 29625200 $
  • Total Supply: 807845000
  • Circulating Supply: 807845000 (100%)

What is TrueUSD?

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.

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