Coins 17,354 Exchanges 1,144 Market Cap $2,162,997,095,251 1.71% 24h Vol $103,127,567,174 BTC 56.11% ETH 8.66%
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TrueUSD price

TrueUSD Price (TUSD)

$1.001

0.04%
Rank #119

TrueUSD Price Chart (TUSD/USD)

Last updated 19 Mar 2024, 07:55AM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Gate.io TUSD / USDT $0.99800200 0.01% $1,808,095
2 BitMart TUSD / USDT $0.99828100 0.42% $1,057,900
3 Poloniex TUSD / USDT $0.99812800 0.07% $403,035
4 LATOKEN TUSD / USDT $0.99819800 0.02% $394,477
5 WhiteBIT TUSD / USDT $0.99850000 0.13% $348,843
6 Phemex TUSD / USDT $0.99799900 0.05% $243,374
7 Huobi Global TUSD / USDT $0.99700400 0.04% $172,195
8 BingX TUSD / USDT $0.99839100 0.03% $28,279
9 Bitrue TUSD / USDT $0.99820600 1.05% $22,621
10 Binance TUSD / USDT $0.99810000 0.02% $10,567
11 Bitget TUSD / USDT $0.99830000 0.01% $5,656
12 MEXC Global TUSD / USDT $0.99839800 0.02% $5,561
13 XT.COM TUSD / USDT $0.99830200 0.03% $5,321
14 TokoCrypto TUSD / USDT $0.99863300 0.01% $593
15 Coinzoom TUSD / USDT $0.99847400 18.18% $1
16 BitMart TUSD / USDC $0.99536100 0.60% $425,996

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TUSD Price Statistics

$1
24H Range
$1
  • TrueUSD Price Now $1
  • 24h Low / 24h High $1 / $1
  • Trading Volume $114,110,326
  • Market Cap Rank #93
  • Market Cap $1,140,552,194
  • Volume / Market Cap 0.1000
  • All-Time High $2 -38.51%
    Aug 26, 2018
  • All-Time Low $1 12.65%
    Mar 12, 2020


TrueUSD: A Stablecoin Revolutionizing the Cryptocurrency Market

Introduction

In the ever-evolving world of cryptocurrencies, stability is a crucial factor that sets apart successful digital assets from the rest. TrueUSD (TUSD) is a pioneering stablecoin that has emerged as a reliable option for crypto enthusiasts seeking price stability and trustworthiness. Unlike many volatile cryptocurrencies, TrueUSD is backed by US dollars, making it a secure and valuable addition to the crypto market.


What is TrueUSD?

TrueUSD is a stablecoin pegged to the US dollar on a one-to-one basis, meaning that one TrueUSD token is equivalent to one US dollar. This unique feature ensures that TrueUSD maintains a stable value, enabling users to transact, store, and invest without worrying about price fluctuations. TrueUSD users can enjoy the benefits of digital currency while minimizing exposure to the inherent volatility.


How Does TrueUSD Work?

The team behind TrueUSD, TrustToken, operates on a simple concept. Every TrueUSD token is fully collateralized and held in legally protected escrow accounts. These accounts are subject to monthly audits conducted by professional accounting firms, ensuring transparency and trust for every TrueUSD holder. The TrustToken platform utilizes smart contracts to validate the funds and provide regular reports that anyone can verify.


Key Features of TrueUSD

1. Stability: TrueUSD provides price stability, maintaining a 1:1 ratio with the US dollar, making it an ideal digital asset for daily transactions and portfolio diversification with minimal risks.

2. Transparency: TrustToken ensures full transparency by regularly publishing attestations from professional third-party auditors, providing real-time information about the backing and ratio of TrueUSD to the US dollar.

3. Security: TrueUSD guarantees the safety of user funds through legally protected escrow accounts, with independent audit reports ensuring the matching supply of tokens to their underlying collateral.

4. Accessibility: TrueUSD can be easily traded or stored using any Ethereum wallet compatible with ERC-20 tokens, thereby offering seamless integration into the existing crypto ecosystem.

5. Compliance: TrustToken strictly adheres to regulatory standards, as it maintains a legal framework to assure users that TrueUSD is operating within established guidelines. The platform also conducts rigorous know-your-customer (KYC) and anti-money laundering (AML) checks to prevent fraudulent activity.


The Future of TrueUSD

TrueUSD has gained significant traction within the cryptocurrency community, attracting investors and traders looking for price stability without sacrificing the advantages of the digital currency paradigm. As the demand for stablecoins continues to grow, TrueUSD is well-positioned to play a crucial role in the maturation of the crypto market and its integration with traditional financial systems.


Conclusion

In an ever-changing crypto landscape, TrueUSD offers a stable and secure alternative for cryptocurrency enthusiasts seeking stability in their investments. With its transparent auditing, full collateralization, and adherence to regulatory compliance, TrueUSD is revolutionizing the way people transact and store value in the digital age. As the cryptocurrency market evolves, TrueUSD is set to emerge as a key player in driving the adoption of stablecoins and bridging the gap between traditional finance and the world of digital assets.