TrueUSD (TUSD) |
vs |
Pax Dollar (USDP) |
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TrueUSD (TUSD) | Pax Dollar (USDP) |
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.
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Pax Dollar (USDP) is a stablecoin that is pegged to the value of the US dollar on a 1:1 basis. It was launched by Paxos Trust Company in 2018 and is regulated by the New York State Department of Financial Services (NYDFS). USDP is backed by US dollars held in reserve, which are regularly audited by third-party accounting firms to ensure that the reserves match the outstanding USDP tokens in circulation.
One of the unique features of USDP is its focus on transparency and regulatory compliance. Paxos Trust Company is a regulated financial institution and is subject to regular audits and oversight by regulatory authorities. This provides investors and users with greater confidence in the stability and security of the USDP token.
USDP can be used for a wide range of applications, including payments, remittances, and international money transfers. It can also be used as a trading pair on cryptocurrency exchanges and as a means of payment for goods and services. USDP is particularly popular among users who wish to trade cryptocurrencies without having to deal with the volatility of other digital assets.
Overall, USDP is a stable and secure digital asset that is designed to provide a reliable means of payment and store of value. Its focus on transparency, regulatory compliance, and stability sets it apart from many other stablecoins in the market, and it has gained significant adoption among investors and traders in the cryptocurrency space. As of April 2023, the price of USDP is approximately 1 USD, as it is intended to maintain a stable value relative to the US dollar.
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Key Data |
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TrueUSD (TUSD) | Pax Dollar (USDP) |
Coin Name
TrueUSD
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Coin Name
Pax Dollar
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Symbol
TUSD
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Symbol
USDP
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Type
Token
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Type
Token
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CoinMarketCapRank
No 137
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CoinMarketCapRank
No 374
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Network
None
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Network
None
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Stable Coin
Yes
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Stable Coin
Yes
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Max Supply
-
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Max Supply
-
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Circulating Supply
3,336,700,000
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Circulating Supply
461,760,000
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Total Supply
3,336,700,000
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Total Supply
461,760,000
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Price |
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TrueUSD (TUSD) | Pax Dollar (USDP) |
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Calculate TUSD in USDP | Calculate USDP in TUSD |
24 Hour Volume USD
-
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24 Hour Volume USD
-
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24 Hour Volume USD
-
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24 Hour Volume USD
-
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24 Hour Price Change
0.02300000000000000308%
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24 Hour Price Change
0.11400000000000000411%
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7 Day Price Change
0.13900000000000001243%
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7 Day Price Change
0.16500000000000000777%
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30 Day Price Change
0.00877000000000000002%
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30 Day Price Change
0.0488000000000000031%
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Market Cap USD
510,510,000 USD
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Market Cap USD
135,020,000 USD
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Market Cap USD
510,510,000 USD
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Market Cap USD
135,020,000 USD
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Staking Rates |
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TrueUSD (TUSD) | Pax Dollar (USDP) |
Nexo
8% - 14% APY
|
Nexo
8% - 14% APY
|
YouHodler
8% APY
|
YouHodler
8% APY
|
Compound
0.82% APY
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Compound
0.45% APY
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Venus
2.25% APY
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Venus
-
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ACryptoS
0.4% - 3.14% APY
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ACryptoS
-
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Balancer
0.62% - 0.7% APY
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Balancer
-
|
Beefy Finance
0.23% APY
|
Beefy Finance
-
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JustLend
< 0.01% APY
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JustLend
-
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Sushi Swap
0.56% APY
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Sushi Swap
-
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Uniswap
0.16% APY
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Uniswap
-
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Convex Finance
0.27% - 7.88% APY
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Convex Finance
0.61% - 7.86% APY
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Spookyswap
0.2% APY
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Spookyswap
-
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Yearn Finance
10.2% APY
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Yearn Finance
9.69% APY
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Loan Rates |
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TrueUSD (TUSD) | Pax Dollar (USDP) |
Crypto.com
8% - 12% APR
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Crypto.com
8% - 12% APR
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Staking Rates |
|
TrueUSD (TUSD) | Pax Dollar (USDP) |
Nexo
8% - 14% APY
|
Nexo
8% - 14% APY
|
YouHodler
8% APY
|
YouHodler
8% APY
|
Crypto.com
-
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Crypto.com
0.1% - 3% APY
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Compound
0.82% APY
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Compound
0.45% APY
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Stake DAO
-
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Stake DAO
8.73% APY
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Convex Finance
0.27% - 7.88% APY
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Convex Finance
0.61% - 7.86% APY
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Yearn Finance
10.2% APY
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Yearn Finance
9.69% APY
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Loan Rates |
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TrueUSD (TUSD) | Pax Dollar (USDP) |
Crypto.com
8% - 12% APR
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Crypto.com
8% - 12% APR
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