3492 cryptocurrencies
Total Market Cap $623.75B
24h Total Volume $16.32B

True USD  (TUSD) True USD (TUSD) star

0.0005 (0.05%)
The current price of True USD in US dollars is $1.00 USD. To compare it's value every 1 TUSD coin is worth 0.00005196652891 in BTC.

During the last 24 hours True USD’s price has changed 0.05% (or $0.0005 USD) it reached a low of $1.00, and high of, $1.00. A total of 6,225,304 TUSD coins worth a total of $6,229,660 USD was traded in the previous day at crypto exchanges like Kucoin, and Binance.

True USD’s market cap is made up of 332,133,856 TUSD coins valued at $332,366,240 USD. That means True USD makes up 0.05% of the entire cryptocurrency market capitalization of $623.75B!

Due to cryptocurrencies trading 24/7, that value/exchange rate will change constantly. To keep updated on the price, market cap, and trading information on True USD just bookmark the Live True USD Price page.

True USD Price Chart

TUSD Coin Data

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.

Market share 0.05%
Proof type
24h Open $1.00
24h Low $1.00
24h High $1.00
Price in BTC 0.00005196652891 BTC
Current Supply 332,133,856 TUSD
Total Supply 9,574,114 TUSD
Market cap $332,366,240
24h Volume (coin) 6,225,304 TUSD
24h Volume (currency) $6,229,660
Last updated 2020-12-03 00:12:07 +00:00 GMT
ID Market Type Price Quantity Total

True USD Events Calander

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