Good News From TRUE USD
TrueUSD (TUSD) is a stablecoin designed to maintain a 1:1 ratio with the US dollar, providing a stable digital asset for trading, remittances, and payments. As of now, the market cap of TUSD is approximately $504.8 million, with a circulating supply of around 505.2 million tokens. The trading volume in the last 24 hours has been about $50.2 million.
TUSD's stability and transparency are bolstered by real-time attestations of its reserves via Chainlink's Proof of Reserve (PoR) and regular audits by independent firms. These measures ensure that each TUSD token is fully backed by USD reserves, reinforcing user trust.
$TUSD has also achieved notable milestones, such as recording a daily trading volume exceeding $1 billion in Q3 2023. This highlights its liquidity and growing acceptance in the market.
The price of $TUSD has remained relatively stable, reflecting its nature as a stablecoin. Recent price changes show minimal fluctuations, indicating its effectiveness in maintaining parity with the US dollar.
For more detailed and up-to-date information, you can check resources like CoinMarketCap, CoinDesk, and CoinCodex.