TrueUSD ( TUSD ) is a Not Mineable Digital Asset which is classified as a Cryptocurrency Token. TrueUSD Price is $0.997519 with a Gain of (0.20 %) in the last 24 hours. TrueUSD 24 hours Trade Volume is $66,384,199. TrueUSD Market Cap is $198,998,734. TrueUSD has a Circulating Supply of 199732734 TUSD with a Maximum Supply of 199732734 TUSD . TrueUSD All Time High (ATH) Price is $1.253160224533 which was on 2019-04-04 06:48:01. TrueUSD is ranked #38 on CoinMarketFeed by its Coin Market Cap with a TrueUSD Market Dominance of - . Most Active TrueUSD Exchange is - with a 24h trade Volume of $66,384,199 that is - of Global TrueUSD Volume reported by Top Cryptocurrency Exchanges. Now you can track TrueUSD Value over the period at TrueUSD Value Check out Most Popular TrueUSD Wallet and their security features at TrueUSD Wallet Visit Cryptocurrency News section for latest TrueUSD News.
• TUSD token was released in January 2018
• TUSD was introduced by Rafael Cosman, Danny An and Stephen Fade TrustToken
They have established a third escrow accounts that resembles the script issue of shares where when new capital is added an equivalent number of shares are produced. Hence, the price of the TUSD is always pegged to the USD. When USD is deposited in the escrow account, new TUSD tokens are put in circulation and on withdrawal vice-versa happens.
TrueUSD is a stablecoin whose value is pegged to the US Dollar. When the user completes the KYC/AML process and wire funds to the designated escrow accounts, an equal amount of TUSD is freshly forged on to the user’s Ethereum address. Each TUSD represents a redeemable certificate for $1 from the escrow accounts holding the underlying USD.
Cohen & Company has published their latest independent attestation of the bank accounts holding the collateral for TrueUSD. They have also appointed Alex C. Levine as head Chief Regulatory Officer and Head of Legal, who has held senior legal positions at the CFTC (Commodities Futures Trading Commission) and SEC (Securities Exchange Commission) of the US.
|TUSD to USD||1.00 USD|
|TUSD to EUR||0.88 EUR|
|TUSD to GBP||0.75 GBP|
|TUSD to INR||69.19 INR|
|TUSD to CAD||1.33 CAD|
|TUSD to AUD||1.41 AUD|
|TUSD to PHP||52.58 PHP|
|TUSD to ZAR||14.50 ZAR|
|TUSD to MYR||4.08 MYR|
|TUSD to IDR||14,231.61 IDR|