2729 cryptocurrencies
Total Market Cap $289.81B
Total Volume 24h $9.65B

True USD  (TUSD) True USD (TUSD) star

$1.03
-0.07 (-6.40%)
The current price of True USD in US dollars is $1.03 USD. To compare it's value every 1 TUSD coin is worth 0.00015654834549 in BTC.

During the last 24 hours True USD’s price has changed -6.40% (or $-0.07 USD) it reached a low of $0.98, and high of, $1.12. A total of 66,725 TUSD coins worth a total of $67,620 USD was traded in the previous day at crypto exchanges like Kucoin, and Binance.

True USD’s market cap is made up of 158,322,112 TUSD coins valued at $163,524,912 USD. That means True USD makes up 0.06% of the entire cryptocurrency market capitalization of $289.81B!

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 0.06%
Proof type
24h Open $1.10
24h Low $0.98
24h High $1.12
Price in BTC 0.00015654834549 BTC
Current Supply 158,322,112 TUSD
Total Supply 9,574,114 TUSD
Market cap $163,524,912
24h Volume (coin) 66,725 TUSD
24h Volume (currency) $67,620
Last updated 2018-10-16 04:48:06 +01:00 BST
ID Market Type Price Quantity Total

True USD Events Calander


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