🔔 TOP 10 FACTS ABOUT TrueUSD (TUSD)

🔸 FACT 01

TrueUSD is a U.S. dollar stablecoin pegged to USD at 1:1

🔸 FACT 02

First launched to a limited investor base in January 2018, TUSD has since grown to incorporate almost $400 million of backed tokens as of October 2020

🔸 FACT 03

TrueUSD is a stablecoin launched by parent company TRUST TOKEN.

🔸 FACT 04

TrueUSD is one of a number od cryptocurrency stablecoins administered by Trust Token, a platformfor tokenizing real-world assets

🔸FACT 05

TrueUSD aims to facilitate increased liquidity and provide cryptocurrency traders and general users with a nonvolatile asset relative to free-floating tokens such as Bitcoin.

🔸FACT 06

TrueUSD aims to balance stabili and utility - the main use cases of any stablecoin

🔸FACT 07

Given its status as a stablecoins, the supply is uncapped, and will continue to expand according to demand

🔸FACT 08

There are two incarnations of TUSD available: an ERC-20 token on Ethereum and another, TUSD, a BEP-20 token on Binance Chain

🔸 FACT 09

TrueUSD’s equivalent redeem ability for USD is maintained via partnerships with banks and fiduciary entities

🔸FACT 10

TrueUSD provides its token holders regular attestations of escrowed balances, full collateral, and also the legal protection against misappropriating underlying USD

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