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TrueUSD Price (TUSD)

TrueUSD Price (TUSD)

Currency:
TUSD to USD:
1 TrueUSD equals $ 1.000166 USD-0.1%1D
Page last updated: 2024-12-22 21:11 (UTC+0)
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Note: This information is for reference only.

Price of TUSD today

The live price of TrueUSD is $ 1.000166 per (TUSD / USD) with a current market cap of $ 495.68M USD. 24-hour trading volume is $ 50.20M USD. TUSD to USD price is updated in real-time. TrueUSD is -0.1% in the last 24 hours with a circulating supply of 495.60M.
TUSD Price History USD
Date ComparisonAmount Change% Change
Today$ -0.001051-0.1%
30 Days$ -0.000553-0.06%
60 Days$ 0.004601+0.46%
90 Days$ 0.000894+0.09%

TUSD Market Information

24h Low & High
Low: $ 0.999787
High: $ 1.001713
The highest and lowest price paid for this asset in 24 hours.
All Time High
$ 1.36449
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
0%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
-0.1%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-0.48%
The percentage change in price for this asset compared to 7 days ago.

TUSD Market Information

Popularity
#153
Popularity is based on the relative market cap of assets.
Market Cap
$ 495.68M
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
$ 50.20M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
495.60M
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
--
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
$ 495.68M
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Issue Date
2018-01-26

What Can You Do With TrueUSD (TUSD)?

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About TrueUSD (TUSD)

TrueUSD (TUSD) is an ERC-20 stablecoin that was deployed on the Ethereum mainnet in 2018. Its primary utility is tied to its main goal of remaining as closely pegged to the value of the US dollar as possible.

TUSD is reportedly collateralized by USD held in escrow in bank accounts owned by Trust Companies. It is also said to be the first independently verified digital asset pegged 1:1 with the US dollar. As a result of the Ethereum Merge, TUSD transactions are validated using a proof-of-stake (PoS) consensus mechanism.

TrustToken, the San Francisco-based company that developed and launched TUSD, established the ecosystem to ensure all funds were verified through a network of multiple escrow accounts.

The Trust Companies managing the various accounts that hold the collateralized funds are obliged to publish the value of these funds daily, as well as to perform monthly audits. This process was established to lower the risk of TUSD hacks and theft and give TUSD holders legal protection against the same.

TSD price is updated and available in real time on Binance.

People Also Ask: Other Questions About TrueUSD

  1. What Does TrueUSD Stand For?

    The name TrueUSD is derived from the premise that it was the first independently verified digital currency to be pegged 1:1 with the US dollar, making it “true” and transparent.

  2. What is TUSD Used For?

    As a stablecoin, TUSD is used as a less volatile digital currency holders can hedge against less stable digital currencies in any market circumstance. TUSD can be used in global digital payments and transactions and is regularly among the top five stablecoins by market cap, falling just behind BUSD and DAI. It is also the fifth most traded stablecoin at the time of writing.

  3. Is TUSD Redeemable for USD on TrustToken’s Website

    The TrustToken website permits the direct purchase and redemption of TUSD for US dollars. Individuals are required to meet Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements prior to being allowed to complete any exchange.

  4. Who is the TrueUSD Founder?

    TrueUSD was developed by TrustToken. The company was founded in San Francisco in 2017, by a team consisting of members from UC Berkeley, Stanford, Google, PayPal, AirBnB, and Goldman Sachs. TrustToken seeks to make whole and fractionally tokenized assets easily available to the public.

  5. What is the Maximum Token Supply of TUSD

    Since new TUSD tokens can be minted whenever individuals directly trade USD for TUSD by depositing into a collateralized fund account, TUSD has no available maximum supply. At the time of writing, its total circulating supply is reportedly 943.74 million tokens.

  6. How To Buy TUSD?

    TUSD can be purchased directly from Binance using a debit or credit card. It can also be traded for other cryptocurrencies on the Binance exchange. Live TUSD price is updated in real time on Binance. Additional TUSD price and purchase information is available in our How to Buy TrueUSD (TUSD) Guide.

TUSD to Local Currency

FiatPriceOperation
1 TUSD to TRY$ 1.000166
1 TUSD to RUB$ 1.000166
1 TUSD to EUR$ 1.000166
1 TUSD to AED$ 1.000166
1 TUSD to AUD$ 1.000166
1 TUSD to BRL$ 1.000166
1 TUSD to VND$ 1.000166
1 TUSD to IDR$ 1.000166
Last updated 2024/12/22 09:11 (UTC)

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