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TrueUSD news
About TrueUSD
What Is TrueUSD (TUSD)?
TUSD is the first digital asset with live on-chain attestations by independent third-party institutions and is backed 1:1 with the U.S. dollar (USD). So far, it has been listed on more than 100 trading platforms such as Binance and Huobi and is live on 12 mainstream public chains, including Ethereum, TRON, Avalanche, BSC, Fantom, and Polygon.
TrueUSD is attested to in real-time by an independent, industry-specialized accounting firm in the U.S., to ensure the 1:1 ratio of its USD reserve to the circulating token supply and the 100% collateral rate. With the integration of Chainlink PoR, TrueUSD becomes the first USD-Backed stablecoin to secure minting and further ensure transparency and reliability. Users can access the relevant data via the official website tusd.io at any time. TUSD is granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica, a country in the Caribbean, effective on October 7th 2022.
How Many TrueUSD (TUSD) Coins Are There in Circulation?
There was around 2 billion TUSD in circulation as of March 2023. Given its status as a stablecoin, the supply is uncapped, and will continue to expand according to demand.
How Is the TrueUSD Network Secured?
TrustToken aims to deliver maximum transparency using tools such as real-time auditing of TUSD’s backing and reliability.
Beyond trusting the validity of its USD peg, any security issues relate to those which affect all ERC-20 standard tokens. Transactions, for example, can suffer from abnormally high fees if gas prices on the Ethereum blockchain spike.
Where Can You Buy TrueUSD (TUSD)?
As one of the largest USD stablecoins, TUSD is freely available on major exchanges, with pairs for cryptocurrencies and other stablecoins available.
Among the largest volume currently belongs to Binance and DeFi automated market maker Curve.
New to crypto? Read our easy guide to buying Bitcoin and other cryptocurrencies."
The live TrueUSD price today is $0.999118 USD with a 24-hour trading volume of $331,656,579 USD. We update our TUSD to USD price in real-time. TrueUSD is up 0.01% in the last 24 hours. The current CoinMarketCap ranking is #20, with a live market cap of $3,447,269,011 USD. It has a circulating supply of 3,450,310,631 TUSD coins and the max. supply is not available.
If you would like to know where to buy TrueUSD at the current rate, the top cryptocurrency exchanges for trading in TrueUSD stock are currently Binance, Bitrue, BitMart, Bitget, and Bitspay. You can find others listed on our crypto exchanges page.