TrueUSD (TUSD)

$1-0.0488%≈ 0.000024680388962930055 BTC 24H Low/High: $0.99 - $1.01
24H Volume
$69.112M
≈ 1,705.7285897625745 BTC
123.8%
Ranking: #Turnover Rate
Market Cap
$1,368.839M
≈ 33,783.48452539612 BTC
0.1%
Ranking: #87Market Share
Current Supply
1,367,892,982.75464 TUSD
Total 1,367,892,982.75464 TUSD
100.0%
Supplied Ratio
Start Date
31/03/2018
Max Supply
1367892982.75464
Algorithm
-
Proof Type
-
Twitter
-
Website
https://www.trueusd.com/
Difficulty Adj.
-
Block RR.
-
Block #
-
Network H/s
-
Current Supply
1367892982.75464
Block Reward
-

TrueUSD, part of the TrustToken asset tokenization platform, is a blockchain-based stablecoin pegged to the value of USD. In the TrueUSD system, U.S Dollars are held in the bank accounts of multiple trust companies that have signed escrow agreements, rather than in a bank account controlled by a single company. The contents of said bank accounts are published every day and are subject to monthly audits.

If someone wants to obtain TrueUSD through the online application, they will need to pass a KYC/AML check. Once that’s complete, they can send USD to one of TrueUSD’s trust company partners. Once the funds are verified by the trust company, their API will instruct the TrueUSD smart contract to issue tokens on a 1 to 1 ratio and to send them to the Ethereum address associated with the account at hand.

Once in the wallet, the tokens can be transferred to a friend or used as payment, combining the advantages of fiat (stability and trust) with those of cryptocurrencies (reduced fees and transfer times). The user can also redeem real US Dollars by sending the TUSD tokens back to the smart contract address, which will notify the trust company, and initiate a bank transfer to the user’s account.

TrueUSD Market Chart

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TrueUSD Exchanges

# Exchange Pair Price/Rate Volume Volume (USD) Vol. Ratio Updated
1LBankTUSD/USDT$0.9914,156,061$14.15M47.02%17 minutes ago
2DigiFinexTUSD/USDT$1.003,598,388.78906371$3,598.77K11.95%16 minutes ago
3BinanceTUSD/USDT$1.003,330,941$3,331.30K11.06%16 minutes ago
4BinanceBNB/TUSD$1.003,561.985$1,483.39K4.93%16 minutes ago
5BinanceTRX/TUSD$1.0015,790,277.5$980,391.593.26%16 minutes ago
6HotbitTUSD/USDT$0.99837,865.76$837,950.582.78%14 minutes ago
7PoloniexBTC/TUSD$1.0018.46383006$747,042.562.48%14 minutes ago
8BittrexTUSD/BTC$0.99716,338.09190283$716,397.872.38%13 minutes ago
9ABCCTUSD/USDT$1.00713,819.64$713,879.212.37%13 minutes ago
10KuCoinETH/TUSD$1.00199.1905809$605,914.432.01%16 minutes ago
11BinanceTUSD/BUSD$0.99438,635.7$438,648.591.46%4 hours ago
12KuCoinUSDT/TUSD$1.00375,487.42514769$375,578.631.25%16 minutes ago
13HitBTCBTC/TUSD$1.008.77744389$355,167.601.18%16 minutes ago
14BinanceETH/TUSD$1.00109.8256$334,076.621.11%16 minutes ago
15BinanceBTC/TUSD$1.008.21918$332,578.201.10%16 minutes ago
16KuCoinXRP/TUSD$1.00421,524.83470083$327,479.121.09%16 minutes ago
17HitBTCETH/TUSD$1.0090.84841779$276,350.250.92%16 minutes ago
18KuCoinBTC/TUSD$1.006.06051516$245,230.690.81%16 minutes ago
19BittrexTUSD/ETH$1.0093,892.10398055$93,899.940.31%13 minutes ago
20HitBTCTUSD/USDC$1.0038,028.61198231$38,032.740.13%16 minutes ago
21PoloniexTUSD/USDT$1.0031,649.23818172$31,652.440.11%14 minutes ago
22BitfinexTUSD/USD$1.0020,622.59530037$20,624.310.07%13 minutes ago
23PoloniexTUSD/USDC$0.9920,463.19774506$20,465.260.07%14 minutes ago
24BittrexTUSD/USD$0.9919,155.77582199$19,157.370.06%13 minutes ago
25PoloniexETH/TUSD$1.005.50861954$16,755.380.06%14 minutes ago
26PoloniexTRU/TUSD$1.0052,509.84958486$10,138.360.03%13 minutes ago