TrueUSD Price $1.00 | TUSD Charts, Value, Market Cap

TrueUSD Price $1.00 | TUSD Charts, Value, Market Cap

True USD (TUSD) price charts, high low price history, live trade market, market cap value and latest news. TUSD to USD (TUSD/USD). TrueUSD price ✓ $ $1.00 USD (-0.20 %) TrueUSD Stay up to date with the current price of TrueUSD .
True USD (TUSD) Crypto Coin Rank 35
Website
N/A

True USD (TUSD)
TrueUSD
TUSD Coin Values TUSD

True USD (TUSD) valuesUSD Price
$1.00

True USD (TUSD) BTC Price
0.00011

True USD (TUSD) 24h Vol
$176.91 M

True USD (TUSD) Market Cap
$244.22 M

True USD (TUSD) Circulating
244,051,657

24h Vol
19,714 BTC
1 Hr
0.02 %
24 Hr
-0.20 %
7 Day
-0.09 %
Today True USD (TUSD) price in US dollars is currently $1.00 USD, and if converted to Bitcoin is 0.00011 BTC. A total of 27,216 coin's are currently circulating in the Market. True USD (TUSD) prices are currently experiencing a change of -0.20 %. Over the past 24 hours $176.91 M US dollars True USD (TUSD) has been traded on Crypto Exchanges. Get True USD (TUSD)'s progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
True USD (TUSD)
Start Date
N/A
Algorithm
N/A
Proof Type
N/A
True USD (TUSD) Block NumberBlock Number
N/A
True USD (TUSD) Block TimeBlock Time
N/A
True USD (TUSD) Block RewardBlock Reward
N/A
Total Mined
244,051,657 TUSD
Max Supply
0
True USD (TUSD) Net Hashes Net Hashes
N/A
TUSD Charts

True USD (TUSD) Price Charts

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Description

True USD (TUSD) Coin Description

TrueUSD, part of the TrustToken asset tokenization platform, is a blockchain-based stablecoin pegged to the value of USD. In the TrueUSD system, U.S Dollars are held in the bank accounts of multiple trust companies that have signed escrow agreements, rather than in a bank account controlled by a single company. The contents of said bank accounts are published every day and are subject to monthly audits. 

If someone wants to obtain TrueUSD through the online application, they will need to pass a KYC/AML check. Once that’s complete, they can send USD to one of TrueUSD’s trust company partners. Once the funds are verified by the trust company, their API will instruct the TrueUSD smart contract to issue tokens on a 1 to 1 ratio and to send them to the Ethereum address associated with the account at hand.

Once in the wallet, the tokens can be transferred to a friend or used as payment, combining the advantages of fiat (stability and trust) with those of cryptocurrencies (reduced fees and transfer times). The user can also redeem real US Dollars by sending the TUSD tokens back to the smart contract address, which will notify the trust company, and initiate a bank transfer to the user’s account.

Technology

True USD (TUSD) Coin Technology

Sorry, detailed technology about True USD (TUSD) is not currently available

Features

True USD (TUSD) Coin Features

Sorry, detailed features about True USD (TUSD) is not currently available

Quick Stats
TrueUSD Rank 35
TrueUSD Price $1.00
TrueUSD Price (BTC) ฿ 0.00011
24h Vol$ 176,909,936
Market Cap$ 244,224,899
1h
0.02 %
24h -0.20 %
7d
-0.09 %
Top Coins
NamePrice24h
1. BTC $8,973.73 3.79 %
2. ETH $271.54 2.23 %
3. XRP $0.42 2.38 %
4. LTC $136.97 1.13 %
5. BCH $427.72 1.74 %
Top Gainers
NamePrice24h
312. BDT $0.12 9758.94 %
1728. ACRE $0.0047 1732.54 %
1284. IVY $0.0055 836.45 %
2106. CTT $0.011 720.33 %
2078. CDC $0.00017 594.20 %
Top Losers
NamePrice24h
1238. SHADE $0.00000000 -94.85 %
1359. ZEUS $0.0000030 -92.98 %
1021. TRXC $0.0000010 -89.12 %
876. FLUZ $0.0045 -86.57 %
1293. SKC $0.11 -86.15 %
Vloud Minning
TrueUSD News
IOST Allows Users To Swap TUSD And USDC Into iUSD, Aims To Bring Liquidity To The Ecosystem

IOST Allows Users To Swap TUSD And USDC Into iUSD, Aims To Bring Liquidity To The Ecosystem
IOST platform announced on Monday that users can now swap TruUSD and USDC into i... Read More

What are Stable Coins? USDT, TUSD, GUSD, USDC and USDQ

What are Stable Coins? USDT, TUSD, GUSD, USDC and USDQ
In this article, Slava Mikhalkin talks about USDQ, a fully algorithmic stablecoi... Read More

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