TUSD Logo

TrueUSD TUSD

£0.7883337

-0.01% (24h)

Marketcap

£390,632,042

Volume 24h

£40,445,944


Line Chart Icon Dominance Icon Gainers & Losers Icon



Description

TrueUSD (TUSD) is a stablecoin pegged to the US dollar, designed to provide a secure and transparent means of storing and transferring value. Launched in 2018 by TrustToken, TUSD is fully backed by reserves of US dollars held in third-party escrow accounts, with regular audits to ensure transparency. TUSD is commonly used in trading, payments, and as a safe haven during periods of market volatility. It offers the benefits of blockchain technology while maintaining price stability.