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Coins: 3776
Exchanges: 270
Dominance:
BTC 52.0%
XRP 11.0%
ETH 10.4%
TUSD
USD

TrueUSD (TUSD)

1h
24h
7d
14d
30d
1y
0.080%
0.21%
0.53%
0.47%
-0.69%

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TrueUSD Volume by Exchange

# Exchange Pair Price 24h Volume Volume %
1
Updated 9 minutes ago
$1.00
0.00027672 BTC
$7,821,751.45
7848917.000 TUSD
18.96%
2
Updated 2 minutes ago
$1.00
0.00027661 BTC
$5,596,663.25
5610778.365 TUSD
13.56%
3
Updated 9 minutes ago
$1.00
0.9966 USDT
$4,137,972.57
4138319.030 TUSD
10.00%
4
Bit-Z
Trading Incentives
Updated 2 minutes ago
$1.00
0.00815756 ETH
$3,235,110.46
3245796.060 TUSD
7.84%
5
Bit-Z
Trading Incentives
Updated 2 minutes ago
$1.00
0.9968 USDT
$2,642,174.51
2654799.710 TUSD
6.41%
6
Updated 21 minutes ago
$1.00
0.00828561 ETH
$2,133,671.66
2137855.556 TUSD
5.17%
7
Updated 21 minutes ago
$1.00
0.9976 USDT
$1,680,991.36
1683974.983 TUSD
4.07%
8
OKEx
Trading Incentives
Updated 14 minutes ago
$1.00
0.9966 USDT
$1,493,760.35
1496230.609 TUSD
3.62%
9
Updated 9 minutes ago
$1.00
0.00824232 ETH
$1,381,904.17
1385881.000 TUSD
3.35%
10
Updated 24 minutes ago
$1.00
0.00027755 BTC
$1,283,647.97
1287092.420 TUSD
3.11%
11
Updated 21 minutes ago
$1.01
0.0002798 BTC
$1,224,018.17
1216634.758 TUSD
2.94%
12
OKEx
Trading Incentives
Updated 14 minutes ago
$1.00
0.00027786 BTC
$1,187,130.72
1187837.748 TUSD
2.87%
Quick Stats
TrueUSD Price $1.00
Market Cap $207,670,252
Market Cap Dominance 0.17%
Trading Volume $41,303,532
24h Low / 24h High $1.00 / $1.00
Market Cap Rank #28
All-Time High $1.62
Since All-Time High -38%
All-Time High Date Aug 26, 2018 (5 months)
1 Hour 0.080%
24 Hours 0.21%
7 Days 0.53%
14 Days 0.47%
30 Days -0.69%
60 Days -2.2%
1 Year
TrueUSD/Bitcoin Ratio 1 BTC = 3610.0 TUSD
Misc. Info
Genesis Date March 05, 2018 (11 months)
Hashing Algorithm -
Hashrate N/A
Block Time minutes
Available/Total Supply 208 Million / 208 Million
Complete Metrics Score
53%
Total
Major Exchanges Trading Activity
69%
Liquidity
Source Code Repository Activity
66%
Developer
Social Media & Discussion Board
14%
Community

About TrueUSD

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.

88
Stars
18
Watchers
33
Forks
4
Contributors
45
Merged Pull Requests
2 / 3
Closed Issues / Total Issues