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TrueUSD Crypto Coin Rank 39
Website
160,365,453 TUSD

TrueUSD
TrueUSD
TUSD Coin Values TUSD

TrueUSD valuesUSD Price
$ 1.01

TrueUSD BTC Price
0.00013345

TrueUSD 24h Vol
$ 165,997,954

TrueUSD Market Cap
$ 161,601,978

24h Vol
21,983 BTC
1 H
0.09 %
24 H
0.42 %
7 d
0.56 %
Today TrueUSD price in US dollars is currently 1.01 USD, and if converted to Bitcoin is 0.00013345 BTC. A total of 21,400 coin's are currently circulating in the Market. TrueUSD prices are currently experiencing a change of 0.42 %, check all cryptocurrency. Over the past 24 hours 1.660 M US dollars TrueUSD has been traded on Crypto Exchanges. Get TrueUSD's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
TrueUSD
Symbol
TUSD
Algorithm
ETH Token
BTC Price
0.00013345 BTC
BTC Market
21,400 BTC
BTC 24h Vol
21,983 BTC
Total Coins Mined
160,365,453 TUSD
1h
0.09 %
24h
0.42 %
7d
0.56 %
Twitter
Facebook
Description

TrueUSD 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

TrueUSD Crypto Technology

Sorry, detailed technology about TrueUSD is not currently available

Features

TrueUSD Crypto Features

Sorry, detailed features about TrueUSD is not currently available


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