About TrueUSD
TUSD is the first digital asset with live on-chain attestations by independent third-party institutions and is backed 1:1 with the U.S. dollar (USD). So far, it has been listed on more than 100 trading platforms such as Binance and Huobi and is live on 12 mainstream public chains, including Ethereum, TRON, Avalanche, BSC, Fantom, and Polygon. TrueUSD is attested to in real-time by an independent, industry-specialized accounting firm in the U.S., to ensure the 1:1 ratio of its USD reserve to the circulating token supply and the 100% collateral rate. With the integration of Chainlink PoR, TrueUSD becomes the first USD-Backed stablecoin to secure minting and further ensure transparency and reliability. Users can access the relevant data via the official website tusd.io at any time. TUSD is granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica, a country in the Caribbean, effective on October 7th 2022.
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Trading Insights
Searched
3
Market Stats
Market Cap
$494.36M
0.02%
FDV
$494.36M
Circ. Supply
495M TUSD
Max Supply
Not enough data
Total Supply
495M TUSD
Diluted Valuation
$494.40M
Performance
Popularity
Not enough data
Dominance
0.02%
Volume (24H)
$13.85M
26.12%
Volume (7D)
$113.12M
Volume (30D)
$570.58M
All time high
$1.36
Price Change (1Y)
Not enough data
0.02%
Additional details
Market details
TUSD vs markets
↗ 7.04%
TUSD vs BTC
↗ 9.07%
TUSD vs ETH
↗ 6.64%
Tags
store-of-value
stablecoin
asset-backed-stablecoin
usd-stablecoin
+2
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x0000000000085d4780B73119b644AE5ecd22b376 | |
Avalanche C-Chain | 0x1C20E891Bab6b1727d14Da358FAe2984Ed9B59EB | |
BNB Smart Chain | 0xtUSdb-888 | |
BNB Smart Chain | 0x14016E85a25aeb13065688cAFB43044C2ef86784 |
Price history
Time | Price | Change |
|---|---|---|
Today | $1.00 | |
1 Day | $1.00 | |
1 Week | $1.00 | |
1 Month | $1.00 | |
1 Year | $1.00 |
FAQ
TrueUSD (TUSD) is a fiat-backed stablecoin designed to maintain a 1:1 ratio with the U.S. dollar (USD). It distinguishes itself as the first digital asset to implement live, on-chain attestations by independent third-party institutions, ensuring transparency and verifying that its USD reserves match the circulating token supply. These attestations are conducted in real-time by a specialized accounting firm based in the U.S. TrueUSD also integrates Chainlink Proof of Reserve technology, further enhancing transparency and reliability. As of March 2023, approximately 2 billion TUSD were in circulation, with its supply expanding based on market demand.
TrueUSD operates by maintaining a direct 1:1 peg with the U.S. dollar, achieved through real-time attestations from independent third-party institutions. These attestations are conducted by a U.S.-based accounting firm specializing in verifying that the USD reserves match the number of TUSD tokens in circulation. Additionally, Chainlink Proof of Reserve is integrated to secure the minting process and further ensure transparency. As an ERC-20 token, TUSD relies on the Ethereum blockchain, and its transaction fees are subject to fluctuations in Ethereum gas prices, which can impact transaction costs during periods of network congestion.
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TrueUSD news
Trending articles
Social stats
Popularity in posts
#1950
Contributors
48
Posts
80
% About TrueUSD
0.01%
Articles
0
X (Twitter)
11.84% bullish
Sentiment
2.7 ★
Highlights
48 unique individuals are talking about TrueUSD and it is ranked #1,950 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, TrueUSD has an average sentiment score of 2.7 out of 5. Finally, TrueUSD is becoming less newsworthy, with 0 news articles published about TrueUSD.
On Twitter, people are mostly neutral about TrueUSD. There were 15% of tweets with bullish sentiment compared to 26.67% of tweets with a bearish sentiment about TrueUSD. 85% of tweets were neutral about TrueUSD. These sentiments are based on 76 tweets.
On Reddit, TrueUSD was mentioned in 4 Reddit posts and there were 26 comments about TrueUSD. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.