TrueUSD (TUSD) Hits Market Cap of $2.06 Billion

TrueUSD (TUSD) traded up 0.1% against the dollar during the 24 hour period ending at 18:00 PM Eastern on May 26th. TrueUSD has a market cap of $2.06 billion and approximately $1.78 billion worth of TrueUSD was traded on exchanges in the last day. One TrueUSD token can now be bought for about $1.00 or 0.00003739 BTC on major cryptocurrency exchanges. In the last seven days, TrueUSD has traded up 0% against the dollar.

Here is how other cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded down 0.7% against the dollar and now trades at $0.33 or 0.00001243 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• OmniaVerse (OMNIA) traded down 3.1% against the dollar and now trades at $0.0017 or 0.00000006 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.4% higher against the dollar and now trades at $0.0004 or 0.00000002 BTC.
• Lego Coin (LEGO) traded 25.2% higher against the dollar and now trades at $0.0198 or 0.00000074 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 1.4% against the dollar and now trades at $0.0089 or 0.00000033 BTC.

TrueUSD Profile

TrueUSD launched on March 31st, 2018. TrueUSD’s total supply is 2,029,653,246 tokens and its circulating supply is 2,054,997,243 tokens. The official message board for TrueUSD is trueusd.medium.com. The official website for TrueUSD is tusd.io. TrueUSD’s official Twitter account is @tusdio.

According to CryptoCompare, “TrueUSD (TUSD) is a stablecoin pegged 1:1 to the US dollar, built on the Ethereum blockchain. Created by TrustToken, TUSD provides a digital alternative to USD, offering a stable store of value and means of exchange for people and businesses. TUSD is used for remittances, e-commerce, P2P payments, trading on crypto exchanges, and more.”

TrueUSD Token Trading

It is usually not possible to buy alternative cryptocurrencies such as TrueUSD directly using US dollars. Investors seeking to trade TrueUSD should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TrueUSD using one of the aforementioned exchanges.

TUSD/USD price chart by TradingView