TrueUSD (TUSD)

1M
TUSD
1.0034 USD +0.04%
0.00008559 BTC -0.49%
TUSD
$ 1.0034 +0.04%
0.00008559 BTC -0.49%
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What is TrueUSD?
TrueUSD (TUSD) is a token based on the Ethereum blockchain and part of the TrustToken asset tokenization platform. Once in wallet, tokens can be used as a payment or value transfer, combining advantages of fiat (stability and trust) with cryptocurrencies (cheap and fast). TUSD also acts like a stablecoin, redeemable 1 for 1 for U.S. dollars, where U.S. dollars are held in the bank accounts of multiple trust companies.

In order to redeem tokens to dollars, there is a mandatory KYC/AML process. Once identity verification is complete, funds can be redeemed by sending tokens back to a smart contract address, which notifies the trust company to make a bank transfer to the user’s account.

Technology & Supply

Learn more technical information about the digital asset.

Currency Type Token
Proof Type Not mineable
Total Supply 204,705,066 TUSD
Circulating Supply 204,716,633 TUSD

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