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TrueUSD - Live TrueUSD price and market cap

TrueUSD - Live TrueUSD price and market cap

Get True USD (TUSD) price live chart and market data from all exchanges. 1 TUSD to USD (TUSD/USD). TrueUSD price today ✓ $ 1.011 USD (1.08 %) TrueUSD historical data, chart, market capital & circulating supply. Stay up to date with the current price of TrueUSD for 1 min, 1 hours, 24 hours, 7 days, 1 month, 1 year, and more.
True USD (TUSD) Crypto Coin Rank 37
Website
242,380,930 TUSD

True USD (TUSD)
TrueUSD
TUSD Coin Values TUSD

True USD (TUSD) valuesUSD Price
$ 1.01

True USD (TUSD) BTC Price
0.00012551

True USD (TUSD) 24h Vol
$ 180,294,277

True USD (TUSD) Market Cap
$ 245,024,214

True USD (TUSD) Circulating
30,422

24h Vol
22,385 BTC
1 Hr
0.40 %
24 Hr
1.08 %
7 Day
1.16 %
Full Name
True USD (TUSD)
Symbol
TUSD
Algorithm
ETH Token
BTC Price
0.00012551 BTC
BTC Market
30,422 BTC
BTC 24h Vol
22,385 BTC
Total Coins Mined
242,380,930 TUSD
1h
0.40 %
24h
1.08 %
7d
1.16 %
TUSD Charts

True USD (TUSD) Price Charts

TUSD High/Low Price Chart

True USD (TUSD) Price High/Low Price Chart

Historical Data

True USD (TUSD) Crypto Technology

Markets

True USD (TUSD) Crypto Market

Description

True USD (TUSD) 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

True USD (TUSD) Crypto Technology

Sorry, detailed technology about True USD (TUSD) is not currently available

Features

True USD (TUSD) Crypto Features

Sorry, detailed features about True USD (TUSD) is not currently available