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TrueUSD is a stablecoin that is pegged to the US dollar in a ratio of 1:1. According to Messari, the ERC-20 digital token was launched by TrustToken — a platform that allows users to tokenize real-world assets — and serves as a means of facilitating payments and cross border transactions in a near-instantaneous manner at a fraction of the cost of what it takes to facilitate traditional SWIFT or PayPal transfers. TrueUSD is just one of the many stablecoins issued by TrustToken and is designed to help increase market liquidity as well as provide crypto enthusiasts with a relatively non-volatile asset relative to free-floating coins, such as Ether, Bitcoin and XRP, that are subject to massive daily price swings.
TrueUSD (TUSD) is the 58th largest cryptocurrency in the world by market cap, valued at $1,213,561,495. The current price of TrueUSD is $1.40683173, which is -0.425% lower than yesterday. Prices have ranged between $1.41846 and $1.40768619 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 23, 2022 07:05 UTC.
| Coin symbol | TUSD |
|---|---|
| Coin Marketcap | AUD$1,213,561,495 |
| Total TUSD supply | 1,213,568,920 |
| Circulating TUSD | 1,213,568,920 |
| Current price | AUD$1.40683173 |
| All time high | AUD$3.2148 |
| Notable team members | Rafael Cosman |
| Partnerships | Cred, Nexo, Binance |
| Industry | Stablecoins |
| Token uses | Stablecoin |
| Network | Ethereum, Binance Chain |
Historical prices compared with the price of $1.40683173.
| 1 hour | -0.26% |
|---|---|
| 24 hours | -0.43% |
| 7 days | -0.43% |
| 14 days | -0.45% |
| 30 days | -0.17% |
|---|---|
| 60 days | -0.32% |
| 200 days | -0.33% |
| 1 year | 0.38% |
Disclaimer: Cryptocurrencies, including TrueUSD, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of TUSD is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the TrueUSD or any other cryptocurrency discussed.
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