$TUSD refers to TrueUSD which is a stablecoin pegged to the US Dollar TrueUSD is a fully collateralized stablecoin meaning each TUSD token is backed 11 by USD held in reserve by a trusted custodian The token is designed to provide price stability and is often used for trading remittances and other use cases in the cryptocurrency space It operates on multiple blockchains including Ethereum Binance Smart Chain and others

TrueUSD is part of a broader family of stablecoins that offer a reliable alternative to volatile cryptocurrencies like Bitcoin or Ethereum

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