Written by Emaad

On April 17, 2020

TrueUSD (TUSD) Profile

true-usd
TrueUSD (TUSD)
Rank: 188
$ 1.00
Price (BTC)
Ƀ0.00001800
Marketcap
$ 313.41 M
Volume
$ 142.15 M
24h Change
0.25%
Total Supply
312.49 M TUSD

The value of TrueUSD (TUSD) is pegged 1:1 to the U.S. dollar, acting as a stable currency for digital exchange. TUSD is the first independently-verified digital asset fully collateralized by US Dollars. The ERC20 stablecoin uses multiple escrow accounts to reduce counterparty risk, provide transparent attestations, and offer legal protections against fraud.

TrueUSD is developed by TrustToken, a U.S. based company founded in 2017. The team comes out of Stanford, UC Berkeley, Palantir, and Google.

Other Crypto Profiles:

Metal (MTL) Profile

Metal (MTL) Profile

Metal (MTL) is the native currency of Metal Pay, Metal X, and Metal Vault. Designed to make cryptocurrency payments fast and easy, users pay zero fees when sending, receiving, buying, or selling MTL. Additionally, users pay substantially less fees...

Proton (XPR) Profile

Proton (XPR) Profile

Launched in 2020, Proton is a new public blockchain and smart contract platform designed for both consumer applications and peer-peer payments.  Proton is built around two key components: a secure identity and financial settlements layer that allows...

Bitcoin (BTC) Profile

Bitcoin (BTC) Profile

Bitcoin launched on January 3, 2009 when an anonymous figure known as Satoshi Nakamoto mined the first block, or what is otherwise known as the “Genesis Block”. Satoshi introduced Bitcoin to other individuals over the web through forums, and thus,...

Ethereum (ETH) Profile

Ethereum (ETH) Profile

Ethereum (ETH) is an open-source platform that allows anyone to create a project based on the Ethereum blockchain that reliably executes whatever code it was designed with. Many other cryptocurrencies are built on the Ethereum blockchain, making...

EOS (EOS) Profile

EOS (EOS) Profile

EOS is a blockchain-based, decentralized system that enables the development, hosting, and execution of commercial-scale decentralized applications (dApps) on its platform. Founded in 2017, EOS is built on the delegated proof-of-stake (DPoS)...

Litecoin (LTC) Profile

Litecoin (LTC) Profile

Litecoin (LTC) is a cryptocurrency designed to function as an actual currency – allowing individuals and vendors to send and receive payments lightning fast. LTC offers a near-zero cost for sending funds anywhere in the world, providing a new way...