TrueUSD Price $1.02 | TUSD Price Charts Market Cap Index

TrueUSD Price $1.02 | TUSD Price Charts Market Cap Index

Get True USD (TUSD) live price chartd, high low price graph, price history, live market exchanges & detailed cryptocurrency info. TUSD to USD (TUSD/USD). TrueUSD price today ✓ $ $1.02 USD (0.26 %) TrueUSD Stay up to date with the current price of TrueUSD for 1 hours, 24 hours, 7 days, 1 month, 1 year, and more.
True USD (TUSD) Crypto Coin Rank 27
Website
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True USD (TUSD)
TrueUSD
TUSD Coin Values TUSD

True USD (TUSD) valuesUSD Price
$1.02

True USD (TUSD) BTC Price
0.00025961

True USD (TUSD) 24h Vol
$140,922,126.00

True USD (TUSD) Market Cap
$209,012,243.00

True USD (TUSD) Circulating
205,470,175

24h Vol
35,964 BTC
1 Hr
0.00 %
24 Hr
0.26 %
7 Day
0.22 %
Today True USD (TUSD) price in US dollars is currently $1.02 USD, and if converted to Bitcoin is 0.00025961 BTC. A total of 53,341 coin's are currently circulating in the Market. True USD (TUSD) prices are currently experiencing a change of 0.00 %, check all cryptocurrency. Over the past 24 hours 1.409 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
205,470,175 TUSD
Max Supply
0
True USD (TUSD) Net Hashes Net Hashes
N/A
TUSD Charts

True USD (TUSD) Price Charts

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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