True USD

Current price
1.012731 USD

24hr change
0.01 %

24hr volume
49187297.59 USD

Market cap
210585944.01 USD

What is True USD?

TrueUSD, part of the TrustToken asset tokenization platform, is an ERC20 stablecoin cryptocurrency backed by US Dollars. It is fully collateralized, legally protected, and transparently verified by third-party attestations. Each 1 TUSD is redeemable for 1 U.S. dollar.

TrueUSD has been created with a few use cases in mind including simple financial services, trading, and online commerce. Although a very diverse infrastructure can be built around the TUSD token and other upcoming TrueCoins, the potentially strongest use case is as a replacement or alternative to USD on cryptocurrency exchanges.

TrueUSD is also the first asset token built on the TrustToken platform-which is a platform to create asset-backed tokens that you can easily buy and sell around the world. For example, gold to gold tokens or dollar to dollar tokens can be made via the TrustToken platform.

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