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TrueUSD Crypto Coin Rank 37
Website
167,048,300 TUSD

TrueUSD
TrueUSD
TUSD Coin Values TUSD

TrueUSD valuesUSD Price
$ 1.01

TrueUSD BTC Price
0.00012454

TrueUSD 24h Vol
$ 313,086,508

TrueUSD Market Cap
$ 168,519,923

24h Vol
38,651 BTC
1 H
0.1 %
24 H
-0.42 %
7 d
0.34 %
Today TrueUSD price in US dollars is currently 1.01 USD, and if converted to Bitcoin is 0.00012454 BTC. A total of 20,804 coin's are currently circulating in the Market. TrueUSD prices are currently experiencing a change of -0.42 %, check all cryptocurrency. Over the past 24 hours 3.131 M US dollars TrueUSD has been traded on Crypto Exchanges. Get TrueUSD's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
TrueUSD
Symbol
TUSD
Algorithm
ETH Token
BTC Price
0.00012454 BTC
BTC Market
20,804 BTC
BTC 24h Vol
38,651 BTC
Total Coins Mined
167,048,300 TUSD
1h
0.1 %
24h
-0.42 %
7d
0.34 %
Twitter
Facebook
TUSD Charts

TrueUSD Price Charts

TUSD High/Low Price Chart

TrueUSD Price High/Low Price Chart

Historical Data

TrueUSD Crypto Technology

Markets

TrueUSD Crypto Market

Description

TrueUSD Crypto ICO 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

TrueUSD Crypto Technology

Sorry, detailed technology about TrueUSD is not currently available

Features

TrueUSD Crypto Features

Sorry, detailed features about TrueUSD is not currently available


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