TUSD price
1.00043 USD -0.05% 0.00005199 BTC

Financial indicators TUSD

  • Rank: 40
  • Market Cap: 1205560000 $
  • 24 Hour Volume: 67659400 $
  • Total Supply: 1205040000
  • Circulating Supply: 1205040000 (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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