TrueUSD TUSD Price

What is TrueUSD (TUSD)?

Developed by Trust Token, TUSD is not just any stablecoin; it's the world's first digital currency pegged 1:1 to the US Dollar, providing users with a fully collateralized, transferable, and redeemable asset.
Unprecedented Transparency and Reliability
What sets TrueUSD apart is its commitment to transparency and reliability. TUSD boasts live on-chain attestations by independent third-party institutions, ensuring a real-time 1:1 backing with the US Dollar. This is meticulously audited by industry-specialized accounting firms in the US, providing users with unparalleled confidence in the stability and security of their digital assets.
In a groundbreaking move, TrueUSD has integrated Chainlink Proof of Reserve (PoR), reinforcing its position as the first USD-backed stablecoin to secure minting with an additional layer of transparency. Users can access the relevant data at any time through the official website, tusd.io, further enhancing the coin's credibility.
Global Acceptance and Integration
TrueUSD has rapidly gained traction, being listed on over 100 trading platforms, including major players like Binance and Huobi. It is not confined to a single blockchain, with a live presence on 12 mainstream public chains, including Ethereum, TRON, Avalanche, BSC, Fantom, and Polygon.
One notable milestone in TrueUSD's journey is its recognition in the Commonwealth of Dominica. The coin was granted statutory status as an authorized digital currency and a medium of exchange on October 7th, 2022, underscoring its growing influence and acceptance on a global scale.
A Growing Ecosystem: Beyond the Basics
TrueUSD is not merely a stablecoin; it's part of a broader ecosystem crafted by Trust Token. Launched with the vision of enhancing international trade and remittance, TUSD aims to streamline transactions, reduce fees, and make cross-border financial activities more accessible.
The success of TrueUSD has paved the way for Trust Token to introduce other stablecoins pegged to different currencies, such as TrueGBP (TGBP) linked to the British Pound and TrueAUD (TAUD) pegged to the Australian Dollar. This expansion demonstrates Trust Token's commitment to providing users with diverse options while maintaining the same level of reliability and transparency.
Looking Ahead
As of March 2023, there are approximately 2 billion TUSD in circulation, with an uncapped supply that will continue to expand based on demand. TrueUSD's resilience against market fluctuations and its robust security measures, including real-time audits and Chainlink PoR integration, position it as a pivotal player in the ever-evolving landscape of stablecoins.
In conclusion, TrueUSD is not just a digital currency; it's a symbol of innovation, trust, and adaptability. As blockchain technology continues to redefine financial landscapes, TrueUSD stands as a beacon of stability, providing users with a seamless bridge between the traditional and digital realms of finance.

TrueUSD, part of Trust Token's broader ecosystem, aims to enhance international trade and remittance by streamlining transactions, reducing fees, and increasing accessibility in cross-border financial activities.

What is unique about TrueUSD (TUSD)?

TrueUSD is the world's first digital currency pegged 1:1 to the US Dollar, offering unprecedented transparency and reliability through live on-chain attestations, real-time audits, and Chainlink Proof of Reserve integration, making it a trailblazer in the stablecoin landscape.

Who are the founders of TrueUSD (TUSD)?

TrueUSD was developed by Trust Token.

Who are the backers/investors of TrueUSD (TUSD)?

The team comes out of Stanford, UC Berkeley, Palantir, and Google; its backers include Founders Fund Angel, Stanford-StartX, and Blocktower Capital.

Where can I buy TrueUSD (TUSD)?

You can buy TrueUSD (TUSD) on Binance, BitgetGate.ioMEXCBybit cryptocurrency exchanges.