True USD (TUSD)

TrueUSD Price, TUSD Charts, Market Cap Index

TrueUSD

TUSD
$ 1.00 -0.05 %
BTC Price
0.00009
24h Vol
$ 49.25 M
Market Cap
$ 508.63 M
Cur - Max Supply
506.69 M - 0

True USD (TUSD) Price Charts

True USD (TUSD) is a cryptocurrency or a form of digital asset. True USD (TUSD) price for today is $ 1.00 or 0.00009 BTC with a 24-hour trading volume of $ 49.25 Million. TUSD price changes -0.03 % in the last 24 hours. It has a circulating supply of 506.69 Million coins and a max supply of 0 coins.


TUSD Charts

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About TrueUSD

TrueUSD, part of the TrustToken asset tokenization platform, is a blockchain-based stablecoin pegged to the value of USD. In the TrueUSD system, U.S Dollars are held in the bank accounts of multiple trust companies that have signed escrow agreements, rather than in a bank account controlled by a single company. The contents of said bank accounts are published every day and are subject to monthly audits. 

If someone wants to obtain TrueUSD through the online application, they will need to pass a KYC/AML check. Once that’s complete, they can send USD to one of TrueUSD’s trust company partners. Once the funds are verified by the trust company, their API will instruct the TrueUSD smart contract to issue tokens on a 1 to 1 ratio and to send them to the Ethereum address associated with the account at hand.

Once in the wallet, the tokens can be transferred to a friend or used as payment, combining the advantages of fiat (stability and trust) with those of cryptocurrencies (reduced fees and transfer times). The user can also redeem real US Dollars by sending the TUSD tokens back to the smart contract address, which will notify the trust company, and initiate a bank transfer to the user’s account.

Quick Stats
TUSD Quick Stats
TrueUSD Rank 36
TUSD/USD Price $ 1.00
TUSD/BTC Price ฿ 0.00009
24h Vol$ 49,252,267
Market Cap$ 508,629,658
1h
-0.05 %
24h
-0.03 %
7d
0.02 %
TUSD Details
Full NameTrue USD (TUSD)
SymbolTUSD
Start Date -
Total Mined 180,326,446
Previous Mined -
Net Hashes 0
Algorithm ETH Token
Proof Type -
White Paper -
TUSD Misc. Info
Block Number -
Block Time -
Block Reward -
Available/Total Supply 506.69 M - 0
TUSD Social Links
Website https://www.trueusd.com/
Reddit
Facebook -
Twitter @TrustToken
u
Name
Price
24h
1. BTC
$ 10,786.37
0.73 %
2. ETH
$ 356.66
0.61 %
3. USDT
$ 1.00
-0.10 %
4. XRP
$ 0.24
-0.38 %
5. BCH
$ 229.12
0.74 %
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24h
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708.87 %
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24h
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