|Price to ATH||
TrueUSD (TUSD) is a stablecoin that is pegged to the US dollar. It was launched in 2018 by the blockchain company, TrustToken. TrueUSD is backed by US dollars held in escrow accounts, with regular attestations from an independent accounting firm to ensure that the amount of TUSD in circulation is always fully collateralized by USD reserves.
TrueUSD offers users a stable and transparent way to transact in cryptocurrency, as the value of one TUSD is always equivalent to one US dollar. This makes it particularly useful for individuals and businesses that want to avoid the price volatility of other cryptocurrencies while still taking advantage of the speed and efficiency of blockchain-based transactions.
TrueUSD can be purchased on various cryptocurrency exchanges and can be stored in any cryptocurrency wallet that supports ERC-20 tokens. It can be used for a variety of purposes, including trading, remittances, and payments. TrueUSD also offers an API that developers can use to integrate the stablecoin into their own applications.
TrueUSD provides a reliable and secure alternative to traditional fiat currency, with the added benefits of blockchain technology and cryptocurrency. It is a popular stablecoin and is widely used in the cryptocurrency ecosystem.
With a total market cap of over $3.26 billion, TrueUSD is the No. 21 cryptocurrency by market size. The currency symbol for TrueUSD is TUSD and it was launched in March 2018. The total supply of TrueUSD is 3.27 billion coins.
We found crypto protocols offering up to 14% APY on TrueUSD deposits (14% APY CeFi, 10.2% APY DeFi) and loans as low as 4.91% APY against TrueUSD used as collateral. Check out our TrueUSD staking yields table and for further details.
The technical price analysis for TrueUSD below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of TrueUSD.
Currently 50% of users are positive about TrueUSD.
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