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TrueUSD Price

(TUSD)

$0.995
0.00%(5m)

1m5m15m1h8h1d1W
TrueUSD (TUSD) Live Price Chart

    TrueUSD Live Price Data

    TrueUSD is currently trading at 0.995, with a 24-hour trading volume of --. Over the past hour, the price of TrueUSD changed by -0.03%, and over the past week, its value in dropped by -0.11%. The circulating supply of TrueUSD is 494,515,083 TUSD, with a market cap of 0 , down -0.03% in the last 24 hours. TrueUSD is ranked #79 by market cap.

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    Note: This data is for reference only.
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    TUSD(TUSD) Profile

    altRank79
    rateBBB
    Expand
    $0.995
    $0.9953

    ATH
    $1.36449003
    Price Change (1h)
    --
    Price Change (24h)
    -0.03%
    Price Change (7d)
    -0.11%
    Market Cap
    24h Volume
    Circulating Supply
    494,515,083
    Max Supply
    --

    About TrueUSD

    • What is TrueUSD (TUSD) Coin?

      TrueUSD is a regulated stablecoin fully backed by the US dollar and claims to be the first of its kind that is regulated. It is an independently-verified digital asset pegged to the USD, making it fully redeemable against the US dollar.

      Calling itself the new face of money, the TUSD stablecoin operates across multiple blockchain ecosystems, including Ethereum, TRON, Binance Smart Chain (BSC), Binance Chain (BC), Polygon, Avalanche, Fantom, HECO, Arbitrum, and Cronos.

      It empowers users with all the strengths that blockchain-based digital assets offer - transparency, decentralization, encryption, and security, without the extreme volatility of leading crypto assets in the market. Pegged to the USD, users can mint TUSD for USD on a 1:1 basis.

      They can then use their TrueUSD coins to trade other cryptocurrencies on exchanges as a base asset immune to market volatility. As of July 2022, the TrueUSD stablecoin is supported on over 70 exchanges, services over 160 markets, and over 20 OTC desks across five continents.

      In 2021, TrueUSD announced the integration of TUSD stablecoin with Signet, the blockchain-based payments platform of Signature Bank. TrueUSD also has a connection to Blocktower Capital, one of the investors backing TrustToken - the company behind the development of the stablecoin. In August 2021, the company, along with A16z and Alameda Research, participated in raising $12.5 million in funding.

    • How Does TrueUSD Work?

      TrueUSD is one of five stablecoins issued and managed by TrustToken, a company that is powering the DeFi movement with its innovative products and offerings. TrustToken aims to revolutionize the future of finance by making financial services accessible to all through its TrustToken app and TrueFi DeFi protocol.

      The TrustToken platform leverages independent third-party attestations and monthly audits and provides live updates on proof of reserves for TUSD and its other assets on-chain. The TrueUSD is the first regulated stablecoin that is completely collateralized, meaning that every TUSD coin is backed by an equal amount of USD held in escrow accounts by custody partners of TrustToken.

      The company uses the services of PrimeX and Silvergate Exchange Network to enable almost instantaneous exchange between TUSD tokens and USD. The borderless crypto asset enjoys the regulatory trust and backing in over 100 countries where it complies with local laws and aims to prevent fraud.

      Rafael Cosman spearheads TrustToken, the company responsible for the TrueUSD coin, functioning as its Co-founder and CEO. The company’s team is spread across numerous locations around North America, Europe, and Asia, making it a truly global initiative.

    • What Can TUSD Crypto Be Used For?

      The TUSD coin has several uses, including:

      Hedge Against Crypto Market Volatility

      Invest in TrueUSD as a hedge against the severe volatility and uncertainty the crypto market is notorious for. The TUSD crypto makes for a safe investment option when you wish to dabble in digital assets but don’t wish to experience sharp price fluctuations in your portfolio.

      Buy Goods and Services Online

      TrueUSD can be used to make payments to businesses partnered with TrustToken to accept the stablecoin as a payment option. One example is Vodi, where you can buy mobile calling plans and more using your TUSD crypto.

      Base Asset to Trade Other Cryptocurrencies

      You can set TUSD as the base asset when trading cryptocurrencies on exchanges. The TrueUSD offers a stable and reliable base asset when buying or selling digital assets as a price-stable digital asset. With the TrueUSD price maintaining its peg to the US dollar irrespective of market conditions, it offers a safe base asset for crypto traders conducting transactions on exchanges. Review the current price of TrueUSD, TUSD market cap, current circulating supply, 24-hour trading volume, and latest crypto news before entering a new trade in the market.

      Earn Passive Income

      You can use DeFi platforms to grow your TrueUSD holdings by performing staking, yield farming, and liquidity mining. Since the TUSD is supported on multiple blockchain networks, you can select a wide range of DeFi protocols based on the best returns and reputation.

    • Where to Buy TrueUSD (TUSD) Crypto

      TrueUSD (TUSD) is listed on leading crypto exchanges and DeFi platforms. One of the easiest ways to buy TUSD is via KuCoin. Here’s how you can do this:

      Set Up Your KuCoin Account

      Register for an account on KuCoin with your email address if you are not yet our user. Remember to complete your KYC verification process after logging in to your account for the first time. Doing so can give you access to our entire gamut of services and offerings.

      Add Crypto Funds to Your Trading Account

      Convert your trading capital from fiat currency into crypto via the KuCoin Fast Trade section. Pick from more than 70 supported payment methods, such as Visa, Mastercard, PayPal, and SEPA.

      You can also use the KuCoin P2P service or interact with third-party sellers on our platform to add crypto funds to your trading account.

      Buy TUSD on KuCoin With Existing Crypto Holdings

      KuCoin lets you use your existing cryptocurrencies to buy TrueUSD and other digital assets on our platform. Transfer your crypto from your external wallet into your KuCoin trading account to start.

      Trade USDT/TUSD on KuCoin Spot Trading

      Head to the KuCoin Spot Trading section to look for the USDT/TUSD crypto pair. Review the latest TrueUSD to USD price, TUSD market cap, circulating supply, and 24-hour trading volume, and perform technical, sentiment, and fundamental analysis on the TUSD price chart before you trade TrueUSD.

      Enter the number of USDT you wish to exchange for TUSD and check the number of TUSD coins you can buy and the trading fees for the transaction. After verifying all details, click on Sell to execute the trade order.

      Receive and Store TUSD Securely

      A few minutes after successfully executing your sell order, you will receive the TUSD crypto you purchased. After they arrive, you can continue holding them in your KuCoin trading account or withdraw them into your external wallet for more secure long-term holding.

    FAQ

    • How much is 1 TrueUSD (TUSD) worth?

    • Is TrueUSD (TUSD) a Good Investment?

    • How Does TrueUSD Make Money?

    • TrueUSD vs. Tether vs. USD Coin - the Difference

    • Can I send TrueUSD to MyEtherWallet?

    • Is TrueUSD Fully Backed?

    • How to Convert TUSD to USDT

    • What is the all-time high price of TrueUSD (TUSD)?

    • What is the all-time low price of TrueUSD (TUSD)?

    • How much TrueUSD (TUSD) is there in circulation?

    • How do I store TrueUSD (TUSD)?