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TrueUSD TUSD Price Chart Market Cap

TrueUSD TUSD Price Chart Market Cap

Get True USD (TUSD) latest price, chart, and market cap data from all exchanges. TUSD to USD (TUSD/USD). TrueUSD price today ✓ $ 1.013 USD (-0.58 %) TrueUSD Stay up to date with the current price of TrueUSD for 1 min, 1 hours, 24 hours, 7 days, 1 month, 1 year, and more.
True USD (TUSD) Crypto Coin Rank 43
Website
158,733,958 TUSD

True USD (TUSD)
TrueUSD
TUSD Coin Values TUSD

True USD (TUSD) valuesUSD Price
$ 1.01

True USD (TUSD) BTC Price
0.000181

True USD (TUSD) 24h Vol
$ 34,952,539

True USD (TUSD) Market Cap
$ 160,733,432

True USD (TUSD) Circulating
28,689

24h Vol
6,239 BTC
1 Hr
0.10 %
24 Hr
-0.58 %
7 Day
0.72 %
Today True USD (TUSD) price in US dollars is currently 1.01 USD, and if converted to Bitcoin is 0.000181 BTC. A total of 28,689 coin's are currently circulating in the Market. True USD (TUSD) prices are currently experiencing a change of 0.10 %, check all cryptocurrency. Over the past 24 hours 0.350 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 Coins Mined
158,733,958 TUSD
Max Supply
0
True USD (TUSD) Net Hashes Per Second Net Hashes Per Second
N/A
TUSD Charts

True USD (TUSD) Price Charts

TUSD High/Low Price Chart

True USD (TUSD) Price High/Low Price Chart

Historical Price

True USD (TUSD) Historical Price

Markets

True USD (TUSD) Coin Market

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

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