TrueUSD
TUSD Price
TUSD is a stablecoin pegged 1:1 to the US Dollar. TUSD is based on the widely used ERC-20 token standard, making it compatible with different blockchains. More
| Fully Diluted Valuation | $491.39M |
|---|---|
| 24H Trading Volume | $17.91M |
| 24H Low / High | $1.00 / $ 1.00 |
| Circulating Supply | 494.52 M |
| Total Supply | 494.52 M |
| Max Supply | 0.00 |
| Categories | Stablecoins 7 more |
|---|---|
| Founder | Stephen Kade 2 more |
| Website | tusd.io |
| Socials | 4 more |
| Chains | Ethereum Ecosystem 4 more |
| Explorer | Ftmscan 9 more |
| Contracts |
0x000....2b376
4 more
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| Name | Pair | OG Score |
|---|
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.
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.
TrueUSD was developed by Trust Token.
The team comes out of Stanford, UC Berkeley, Palantir, and Google; its backers include Founders Fund Angel, Stanford-StartX, and Blocktower Capital.
You can buy TrueUSD (TUSD) on Binance, BitgetBybitMEXCGate.io cryptocurrency exchanges.
OGAudit is the first independent social audit platform for web3 projects and cryptocurrencies. Here you can find comprehensive crypto evaluations, ratings, unbiased and objective expert user reviews. There may be positive, negative, and neutral evaluations based on experts' experience and perspective with the product or the service about each cryptocurrency like TrueUSD TUSD. To access these ratings, evaluations, and comments, click here.
There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of TrueUSD (TUSD) is ($494,515,083), max supply of TrueUSD TUSD is ($0) and the market cap of TrueUSD TUSD is ($491,390,001).
What is the TrueUSD (TUSD) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of TrueUSD (TUSD) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether TrueUSD (TUSD) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (TrueUSD TUSD) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does TrueUSD (TUSD) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether TrueUSD (TUSD) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
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