TrueUSD tbl_headings.RANK 83
$0.998397
TrueUSD tbl_headings.RANK 83
tbl_headings.WEBSITE Twitter
494,515,083 TUSD

TrueUSD
TrueUSD
TUSD

TrueUSD tbl_headings.PRICE
$ 0.9984

TrueUSD 24h Vol
$18,996,343

TrueUSD tbl_headings.MARKET_CAP
$493,722,157

tbl_headings.24h_VOLUME
242 BTC
1 H
-0.02 %
24 H
0 %
7 d
-0.03 %
seo.COIN_DES1 TrueUSD seo.COIN_DES2 0.9984 USD, seo.COIN_DES3 seo.COIN_DES14 seo.COIN_DES15 0.00001270 BTC. seo.COIN_DES4 494,515,083 TUSD seo.COIN_DES6 TrueUSD seo.COIN_DES7 0 %seo.COIN_DES8 seo.COIN_DES9 seo.COIN_DES10 0.190 M US dollars seo.COIN_DES11 TrueUSD seo.COIN_DES12 seo.COIN_DES13. v7.SEO_DESC14 TrueUSD's v7.SEO_DESC15 v7.SEO_DESC16 v7.SEO_DESC17 v7.SEO_DESC18.
tbl_headings.FULL_NAME
TrueUSD
v5.SYMBOL
TUSD
v5.ALGO
v5.BTC_PRICE
0.00001270 BTC
v5.BTC_MARKET
6,278 BTC
BTC 24h Vol
242 BTC
tbl_headings.TOTAL_COINS_MINED
494,515,083 TUSD
1h
-0.02 %
24h
0 %
7d
-0.03 %
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v5.DESC

v5.DESC


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.


v6.NEWSLETTER
v6.DISCLAIMER : constants.WEBSITE_ABOUT2