TrueUSD Reaches Market Cap of $509.18 Million (TUSD)

TrueUSD (TUSD) traded up 0.1% against the U.S. dollar during the 24-hour period ending at 12:00 PM Eastern on May 2nd. TrueUSD has a market capitalization of $509.18 million and $51.56 million worth of TrueUSD was traded on exchanges in the last day. One TrueUSD token can now be bought for about $1.00 or 0.00001693 BTC on major cryptocurrency exchanges. During the last seven days, TrueUSD has traded 0.1% lower against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 8.6% higher against the dollar and now trades at $0.30 or 0.00000511 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 4% against the dollar and now trades at $0.0100 or 0.00000017 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

TrueUSD Token Profile

TrueUSD’s genesis date was March 31st, 2018. TrueUSD’s total supply is 509,701,467 tokens. TrueUSD’s official Twitter account is @tusdio. The official message board for TrueUSD is trueusd.medium.com. TrueUSD’s official website is tusd.io.

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 purchase alternative cryptocurrencies such as TrueUSD directly using US dollars. Investors seeking to trade TrueUSD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TrueUSD using one of the aforementioned exchanges.

TUSD/USD price chart by TradingView