Create Account
Sign In
Dark
chart
exchange
Terminal
Screener
Stocks
Crypto
Forex
Watchlists
Trends

TUSDUSD
TrueUSD / United States dollar
crypto Composite

Real-time
5/30/2023 5:55:16 PM UTC
0.98199USD+0.641%(+0.00625)1,344TUSD5,372USD
0.99980Bid   1.00030Ask   0.00050Spread
OverviewHistoricalTrendsNewsMore
Composite
0.98199
Bittrex
0.99330
Bitfinex
0.98199
Binance.US
0.99990
open chart   
open chart   
Market Cap
2.016B USD
Category
Payments
Sector
Stablecoins
Related
TUSDUSDTTUSDBTCTUSDETH
Dec 8, 2020
09:29AM EST  Decentralized Finance Is About to Face Its Biggest Battle Yet   Benzinga
More News
Profile
TrueUSD is a fiat-collateralized stablecoin issued by the TrustToken platform that keeps USD funds in third party escrow accounts without direct access by TrustToken. TrueUSD is an ERC-20 token issued on the Ethereum and corresponds on a 1:1 basis with US Dollars sitting in bank accounts. TrueUSD is the only stablecoin offering real time audits. TrueUSD relies on a proof-of-reserves system to ensure that reserve assets match circulating tokens. This requires a third-party to audit TrustToken's bank accounts on a regular basis to show that U.S. dollar reserves are held in an amount equal to outstanding tokens. TrustToken uses an IOU issuance model where each TUSD represents a claim for $1.00 held in TrustToken's partner banks, which users can redeem at any time. Although the creation and destruction of the tokens occur through TrustToken, other transactions in PAX follow ERC-20 smart contracts. This ensures security for TUSD, as it gets rid of the need for third parties and instead relies on the security of the Ethereum blockchain. Additionally, trading tokens is simple with TUSD because viewing and transferring of PAX is automatically supported by most Ethereum-supporting exchanges and wallet applications. In December 2019, TrueUSD added real time auditting, made possible through banking APIs on one end and public blockchain data pulls on the other.

TrueUSD (TUSD-USD) Live Summary

TrueUSD price today is $0.98199, and the 24-hour volume is 1,344. TrueUSD is up 0.641% in the last 24 hours. TrueUSD market cap is $2,015,789,847 with a circulating supply of 2,052,760,056.


Watch TUSDUSD on all Exchanges


Share
About
Symbol List

Pricing
Disclaimer

ChartExchange on Twitter
ChartExchange on Reddit
© 2020 - 2023 ChartExchange LLC