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TrueUSD current price is $1.000.

TrueUSD current price is $1.000 with a marketcap of $317.62 M. Its price is 0.12% up in last 24 hours.


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  • true-usd
    TrueUSD (TUSD)
  • Live Price
    $1.000
  • 24h %
    0.12%
  • Market Cap
    $317.62 M
  • Volume
    $80.84 M
  • Available Supply
    317.66 M TUSD
  • Rank
    54

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★ More Info About True Usd

TrueUSD provides its token holders regular attestations of escrowed balances, full collateral, and also the legal protection against misappropriating underlying USD. The team believes that TrueUSD will be able to come up with the stable trading instrument for the traders of cryptocurrency that has been long-awaited. This will allow the businesses and consumers to use the digital currency as a medium of an exchange. The goal of the TrueUSD team was to build a coin that is stable and which can be used and trusted by them too. TrustToken is a platform that creates the tokens backed by assets that can easily be purchased and sold all around the world. The first asset token of TrustToken is TrueUSD, which is a stable coin and can be redeemed 1-for-1 for US dollars. TrustToken have partnered with registered fiduciaries and banks for holding the funds securely backed by TrueUSD tokens. To increase the amount of security, fiduciaries, and banks directly handle all the funds. Escrowed funds do not give access to the TrueUSD system. TrueUSD works with various trust companies which already manage around billions of dollars. Just pass an AML/KYC check, send USD to a trust company with an agreement of escrow. When the funds get verified, their API tells the smart contract of TUSD to mint an equal amount of TUSD to your public Ethereum address. The USD funds are regularly verified in scheduled attestations by a very much trusted auditing firm. USD funds are kept safely in a third party account, that is escrow accounts, wherein TrustToken does not hold any direct access to the funds and cannot abscond with them even if they wish to. The token burning and minting system makes sure that every TUSD token is backed by 1 USD. A mandatory check of AML/KYC makes sure that TUSD keeps shady people away from the entire project. TUSD makes faster transactions in low transaction fees. Even though TUSD is a unique offering, it is most likely overshadowed by its bigger competitors - Tether. While TUSD arguably offers more security and features, it may be losing the marketing battle. This is not to say that the situation will remain the same. With more crypto investors joining the market every day, the good times for TUSD may be on their way.

True Usd Historical Data

Date Price Volume MarketCap

True Usd Markets / Exchanges

# Exchange Pair Price Volume (24h) Updated

True Usd Twitter News Feed

We’re proud to see $TUSD used to help microcap projects get off the ground - while reducing the risk of exit scams.

This has been made possible through @LID_Protocol!

Read how it works: https://lid.sh/#about

🚨 New Interview Alert 🚨

Our CEO @RafaelCosman was recently interviewed on the @decryptmedia podcast by @TheDecryptDaily.

The discussion was focused around the @TrustToken Liquidity Fund, TrueFi, and more!

Listen to the full episode here: https://soundcloud.com/user-792539118-188863837/oct-6-john-mcafee-arrested-fca-bans-derivatives-in-the-uk-tusd-liquidity-fund-opens

We are pleased to announce our crypto lending partner, @ihaveCred now supports TrustToken customers in all 50 United States!

This places Cred and TrustToken in a position to offer inclusive financial services to millions of potential new users.

Details: https://earn.mycred.io/trueusd

🚨 New Interview Alert 🚨

Our CEO @RafaelCosman was recently interviewed on the @decryptmedia podcast by @TheDecryptDaily.

The discussion was focused around the @TrustToken Liquidity Fund, TrueFi, and more!

Listen to the full episode here: https://soundcloud.com/user-792539118-188863837/oct-6-john-mcafee-arrested-fca-bans-derivatives-in-the-uk-tusd-liquidity-fund-opens

🎉 Exciting News 🎉

$TAUD just passed 5mm mcap 🚀

This is a huge milestone for #truecurrencies and we are excited about it! Thank you!

1/ Potential trading opportunity to keep an eye on:

1. Borrow $TUSD on @AaveAave
2. Use the $TUSD to mint $DAI with @MakerDAO
3. Loan $DAI on @AaveAave at a higher rate
4. Borrow $TUSD against this $DAI to repeat!

✅ $TUSD support on @AaveAave was just improved - Max LTV is now 75%! Thank you to the @AaveAave team for your help with this.

https://app.aave.com/reserve-overview/TUSD-0x0000000000085d4780b73119b644ae5ecd22b3760x24a42fd28c976a61df5d00d0599c34c4f90748c8

Can we also talk about turning on stable borrowing? 🧐

Did you know you can view an independent accountant’s report of $TUSD, $TGBP, and our other TrueCurrencies in real-time?

It’s a pretty cool feature we are proud of at @TrustToken.

Check here for the full report at any time: https://real-time-attest.trustexplorer.io/trusttoken

Twitter fam, anyone able to help us claim any of these suspended/inactive Twitter handles?

@tusd @trueusd @true_usd

Our goal: prevent suspicious activity occasionally disguised by the scammer tagging the above handles.

CC @Twitter @TwitterSupport

"Bank of Finland Governor Olli Rehn told Reuters Friday he believes a digital euro is 'very likely' to debut in Europe in the next 10 years."

If they launch a digital euro in the next 10 years, I wonder where #DeFi will be. 👀

Full article on @CoinDesk: https://www.coindesk.com/olli-rehn-digital-euro

🚨 @trust_TUSD is a FAKE account 🚨

They are not affiliated with @TrustToken or $TUSD in any way. Do not communicate with them and please help by reporting them.

https://twitter.com/trust_TUSD

🎉 Now Available! 🎉

Use $TUSD to participate in & support early-stage crypto communities using @LID_Protocol - with greater protection from exit scams.

Learn how LID’s protocol is supporting the best new DeFi projects while reducing rug pulls 👇

https://bit.ly/35hItuJ

⏰ New Job Listing

💼 Job: Senior Back- End Engineer
🏢 Company: @TrustToken
💰 Salary: Competitive
🌍 Location: Remote
🕰️ Hours: Full Time
🏖️ Remote: Yes

🔍 View here: http://bit.ly/2ZWH0It
📋 View all jobs: http://bit.ly/3dR4yn7

✅ Apply Today!

❗️Huge News❗️

$TUSD is now one of the most used assets for backing $DAI!

We, at @TrustToken, are excited to be building a product that can support #Defi in such a crucial way!

In this article, @cryptodailyuk analyzes the growth of stablecoins as DeFi booms.

"Since July, $TUSD has increased its market cap from around $130 million to over $500 million."

We are excited to support the growth of #DeFi!

Read the article: https://cryptodaily.co.uk/en/2020/09/stablecoins-are-the-true-winners-of-defi-wars

@BanklessHQ wrote a nice noob approved summary of the DeFi token ecosystem. Lots of nice pictures with citations. The noob loves citations. 😍😍😍

https://drive.google.com/file/d/1fwEruCYw9tOrI5_yt1jT-KjlNXwCao7v/view

Potential arb to keep an eye on:

You can borrow $TUSD on @aaveaave for 1.84%, use it to mint $DAI with @makerdao, and then lend the $DAI on AAVE for 3.51%

👀

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