TrueUSD – Time To Buy Crypto

Is it a good time to buy TrueUSD right now?

Current Price: $1.00

Average Daily Volume

TrueUSD is currently ranked number 55 worldwide with a daily trading volume of $61,386,087.00, which it will make it super easy for you to sell your holdings of TrueUSD.

Market Cap

TrueUSD has a total market cap of $951,317,619.00.

Community

TrueUSD has 119,367 total followers in all its social media accounts.

All Time High

TrueUSD is a stable coin. It's price is packed to the US Dollar and only jumps in prices to other fiat currencies.

Price Potential

Stable coins like TrueUSD are digital assets pegged to a stable asset such as USD, aimed at reducing volatility. They offer benefits of both traditional fiat currencies and cryptocurrencies.

Overall Score

Stable coins are digital assets pegged to a stable value, usually the US dollar. Pros: reduced volatility, easier to use as a means of payment and store of value. Cons: Centralized nature can lead to potential loss of value and lack of security.

How to buy TrueUSD today?

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What Is TrueUSD?

TUSD is the first digital asset with live on-chain attestations by independent third-party institutions and is backed 1:1 with the U.S. dollar (USD). So far, it has been listed on more than 100 trading platforms such as Binance and Huobi and is live on 12 mainstream public chains, including Ethereum, TRON, Avalanche, BSC, Fantom, and Polygon. TrueUSD is attested to in real-time by an independent, industry-specialized accounting firm in the U.S., to ensure the 1:1 ratio of its USD reserve to the circulating token supply and the 100% collateral rate. With the integration of Chainlink PoR, TrueUSD becomes the first USD-Backed stablecoin to secure minting and further ensure transparency and reliability. Users can access the relevant data via the official website tusd.io at any time. TUSD is granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica, a country in the Caribbean, effective on October 7th 2022.

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