Attribute | Value |
---|---|
Ticker | TUSD |
Website | https://www.trueusd.com/ |
Consensus | Add |
Algorithm | Add |
Price | 0.99950 |
Trading Volume | 92990152.77444 |
Market Dominance | 0.0157 |
Market Capitalization | 320857589.53 |
Total Supply | 321016056.74 |
Max Supply | Add |
TrueUSD is a U.S. dollar stablecoin pegged to USD at 1:1. First launched to a limited investor base in January 2018 TrueUSD has since grown to incorporate almost $400 million of backed tokens as of October 2020.TrueUSD is one of a number of cryptocurrency stablecoins administered by TrustToken a platform for tokenizing real-world assets.As with other stablecoins TrueUSD aims to facilitate increased liquidity and provide cryptocurrency traders and general users with a nonvolatile asset relative to free-floating tokens such as Bitcoin (BTC).As of October 2020 TUSD is the 38th largest cryptocurrency by market cap.