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TrueUSD TUSD

$0.9981751

0.03 % (24h)

Marketcap

$494,611,827

Volume 24h

$50,995,234


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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.