TrueUSD (TUSD)

$1.0010.08024%≈ 0.000025733970898246693 BTC 24H Low/High: $0.99 - $1.00
24H Volume
$99.671M
≈ 2,562.3712787289837 BTC
123.8%
Ranking: #Turnover Rate
Market Cap
$1,372.940M
≈ 35,295.90930124942 BTC
0.1%
Ranking: #83Market Share
Current Supply
1,372,242,374.60464 TUSD
Total 1,372,242,374.60464 TUSD
100.0%
Supplied Ratio
Start Date
31/03/2018
Max Supply
1372242374.60464
Algorithm
-
Proof Type
-
Twitter
-
Website
https://www.trueusd.com/
Difficulty Adj.
-
Block RR.
-
Block #
-
Network H/s
-
Current Supply
1372242374.60464
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$0.9914,307,116.63$14.29M30.98%26 minutes ago
2BinanceTUSD/USDT$1.0010,634,375$10.62M23.03%28 minutes ago
3DigiFinexTUSD/USDT$1.0010,099,265.51953395$10.09M21.87%25 minutes ago
4HotbitTUSD/USDT$0.992,773,398.32$2,770.89K6.00%25 minutes ago
5BinanceBNB/TUSD$0.993,467.944$1,379.42K2.99%28 minutes ago
6BinanceTRX/TUSD$0.9920,789,887.5$1,233.09K2.67%28 minutes ago
7BinanceTUSD/BUSD$0.99985,037.4$984,584.822.13%29 minutes ago
8ABCCTUSD/USDT$0.99623,733.66$623,263.221.35%26 minutes ago
9PoloniexBTC/TUSD$0.9912.11141421$470,887.431.02%26 minutes ago
10BinanceBTC/TUSD$0.9911.56202$449,715.470.97%28 minutes ago
11KuCoinETH/TUSD$0.99137.55398077$400,910.780.87%25 minutes ago
12BittrexTUSD/BTC$0.99396,589.39502333$396,231.350.86%25 minutes ago
13KuCoinBTC/TUSD$0.999.77576331$380,006.910.82%25 minutes ago
14KuCoinUSDT/TUSD$0.99366,999.64109662$367,110.390.80%25 minutes ago
15HitBTCBTC/TUSD$0.998.93432265$347,298.140.75%25 minutes ago
16BinanceETH/TUSD$1.00109.1106$326,933.640.71%2 hours ago
17HitBTCETH/TUSD$0.99102.34848868$298,301.890.65%25 minutes ago
18KuCoinXRP/TUSD$0.99294,027.93471747$215,638.730.47%25 minutes ago
19BittrexTUSD/ETH$0.99167,083.57938987$166,932.730.36%25 minutes ago
20PoloniexTRU/TUSD$0.99430,194.0753503$80,457.460.17%25 minutes ago
21HitBTCTUSD/USDC$0.9979,454.0359436$79,382.300.17%25 minutes ago
22PoloniexTUSD/USDC$0.9955,664.81904$55,622.830.12%26 minutes ago
23PoloniexTUSD/USDT$1.0051,764.59949662$51,725.550.11%26 minutes ago
24BittrexTUSD/USD$1.0033,298.57619711$33,268.510.07%25 minutes ago
25PoloniexETH/TUSD$0.995.17261581$15,078.160.03%26 minutes ago