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TrueUSD (TUSD)
Stablecoin that should stay at the value of 1 USD
Marketcap Ranking
Market Price (24h change)
Total Market Cap
2.7
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info_outline What is TrueUSD
3.7
TrueUSD Short Description
TrueUSD, part of the TrustToken asset tokenization platform, is a blockchain-based stablecoin pegged to the value of USD. In the TrueUSD system, U.S Dollars are held in the bank accounts of multiple trust companies that have signed escrow agreements, rather than in a bank account controlled by a single company.
The contents of said escrow account is verified by an independent third-party accountant that publishes monthly attestation reports. If someone wants to obtain TrueUSD through the online application, they will need to pass a KYC/AML check. Once that’s complete, they can send USD to one of TrueUSD’s trust company partners. Once the funds are verified by the trust company, their API will instruct the TrueUSD smart contract to issue tokens on a 1 to 1 ratio and to send them to the Ethereum address associated with the account at hand.
Once in the wallet, the tokens can be transferred to a friend or used as payment, combining the advantages of fiat (stability and trust) with those of cryptocurrencies (reduced fees and transfer times). The user can also redeem real US Dollars by sending the TUSD tokens back to the smart contract address, which will notify the trust company, and initiate a bank transfer to the user’s account..
TrueUSD Explanation Video
TRUEUSD REVIEW: Beginner's Explained - TrueUSD Altcoin | ICO REVIEW
TRUEUSD REVIEW: Beginner's Explained - TrueUSD Altcoin ☆ WEBSITE ➤ https://trusttoken.com ☆ CONTACTS ➤ icosreviews@gmail.com Among one of the ...
coinpaper.iocoin/tusd-trueusd
TrueUSD
Websitemore_vert
Organization: Unknown
Name: Unknown
Country: Unknown
City: Unknown
Zipcode: Unknown
Address: Unknown
Mail: Unknown
Creation date: 2019-05-31
Expiration date: 2021-05-31
Nameserver: NS-546.AWSDNS-04.NET
build TrueUSD Product Analysis
4.7
TrueUSD Whitepaper
TrueUSD claim to be a stablecoin that you can redeem 1-for-1 for US dollars.
file_downloadOpen Whitepaper
TrueUSD Competitors
- 1.)
Digix Gold Token
Every DGX = 1 Gram of gold. You can own, save and transact Gold in tokenised form - keeping secure private ownership of your digital assets.
- 2.)
Tether
Tether (USDT) is a cryptocurrency with reference to fiat currencies that is issued by Tether Limited Company. Using the technology of Blockchain, Tether allows the users to keep, send and receive digital tokens pegged to dollars, euros and yens*. *1USDT =/= 1USD - according to ToS (Terms-of-service) of Tether Limited Company - Tether tokens are not money, although they are backed by the currency used to purchase them at issuance.
- 3.)
Dai
Dai is a cryptocurrency that is price stabilized against the value of the U.S. Dollar. Dai is created by the Dai Stablecoin System, a decentralized platform that runs on the Ethereum blockchain.
TrueUSD Product Analysis
TrueUSD was founded back in March 2018.
Its source code was released publicly on github on December 2017
under the Other license.
Organization wise, TrueUSDs Development is Centralized
and is being developed under the lead of Rafael Cosman.
The consensus on which the TrueUSD network is run is called Not mineable, while
the underlying algorithm is called None.
In the current state of TrueUSD currently is Working product
group TrueUSD Community Analysis
2.3
TrueUSD Communities & Events
There is no official TUSD-subreddit yet
| view_list Subreddit |
| person Subscribers |
| directions_run Active Users |
| create Daily Posts |
| speaker_notes Daily Comments |
TrueUSD (TUSD) is the world's most transparent stablecoin, backed 1:1 by US Dollars and attested live, independently, and on-chain.
Mint/Redeem at https://app.TrustToken.com
| view_list TrueUSD | Stablecoin Community Channel |
| person 2,950 Members |
| directions_run 377 Online |
Official Twitter account for TrueUSD
| view_list @TrustToken Channel |
| person 17,823 Followers |
| 01.26.2021 16:06 | Thank you to @HedgeWeek for featuring #TrueFi's recent @binance listing! “We’re proud to see TrueFi’s $TRU recognized by the world’s most popular cryptocurrency exchange.” - @RafaelCosman, Co-Founder of @TrustToken. Learn more here: https://t.co/MGvLTtiwKZ | 14 favorite |
| 01.25.2021 20:04 | Fantastic platform, fantastic team @CoinList - we're proud to be part of the family So much more to come for $TRU and #TrueFi https://t.co/EMYMOWE74Z | 14 favorite |
| 01.25.2021 18:20 | We're hiring! Learn more here: https://t.co/lcV0FP4VH0 https://t.co/ootT4gG6Aw | 10 favorite |
| 01.24.2021 05:46 | Today's alpha leak: @barrutko with multi-pool & farm-boosted returns, fueled by a #TrueFi loan. Entry short of $1m is no issue, just don't let those gas fees hit you too hard. @AlamedaResearch @wintermute_t @ic_invictus @GrapefruitTrade - did Bartek beat your loan ROI? 😉 https://t.co/CF1isHInMd | 14 favorite |
| 01.22.2021 23:16 | Congrats to one of our #TrueFi borrowers, @wintermute_t, for raising $20 million in a Series B funding round! Read the full article: https://t.co/Gpw6F3ta8a | 18 favorite |
| 01.22.2021 18:22 | Want to stay up-to-date on all things TrueFi? 🤔 The easiest way to never miss an update on $TRU and #TrueFi is to join our FREE newsletter. Sign up here: https://t.co/BeMsku9rjg | 13 favorite |
| 01.22.2021 17:01 | Welcome to the #TrueFi family! https://t.co/9GbQwOa6Q8 | 9 favorite |
| 01.21.2021 23:47 | In case you missed it, $TRU setting @CoinMarketCap trends: https://t.co/5T3pUivPCr | 12 favorite |
| 01.21.2021 23:28 | #TrueFi is Climbing the @defipulse Charts 13 Day Change: 📈 Rank: TrueFi #28 -> #25 📈 TVL: $34.8m -> $42.7m 📈 Enthusiasm: High https://t.co/zROyBXDWba https://t.co/Y3xC68xOHI | 16 favorite |
| 01.21.2021 22:40 | So fresh & so clean ⬇️ https://t.co/poWiXoDuUb | 3 favorite |
There are no events for TrueUSD in the next 3 Months
TrueUSD Google Trends
The Google Trends chart displays the search interest on google in TrueUSD
relative to its peak over the last year. A rising chart shows growing interest int he project.
code TrueUSD Development Analysis
1.9
TrueUSD Github Analysis
Code Updates (Commits)
Every change to the codebase of TrueUSD is registered
as a commit. More active projects have many commits, dead projects nearly none.
Code line changes (+/-)
Extending a project results in many new lines of code. Changing existing code results
in nearly the same amount of additions and deletions. Projects that are growing show
a large number of code additions with relatively few deletions.
Programming languages
Repository Numbers
| star 174 Stars |
| remove_red_eye 24 Watchers |
| usb 66 Forks |
| sync_problem 7 Open Issues |
| border_color 3.01 % Comment Coverage |
| lock_open Other License |
attach_money TrueUSD Price Analysis
4.2
TrueUSD Price Prediction
Predicted USD Market Price in 24h by Coinpaper
Predicted USD Market Price in 14d by Coinpaper
Converter TUSD - USD
Convert between TUSD and USD with the live TrueUSD prices, aggregated from all big exchanges that trade TrueUSD.
Market insights
Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.
account_circle TrueUSD Team Analysis
4.8
TrueUSD Team
TrueUSD Team Leader
Tory Reiss -
Co-founder
I've already worn many hats in my early career and don't doubt that my wardrobe has much expanding left to go. I've been incredibly fortunate to work with some brilliant minds in companies large (>128,000) and small (<10) and found a strength in my ability to build systems and teams, bring out the best in others, and learn + adapt quickly.
supervisor_accountSocial Network Links
TrueUSD Team Members (19)
launchcompare_arrows TrueUSD Exchanges
TrueUSD Markets
| # | Exchange | Pair | Price | 24h Volume | Trusted | |
|---|---|---|---|---|---|---|
| # 1 |  | Binance | TUSD/USDT | $ 1.001199 | $ 9,700,290 | check |
| # 2 | | Binance | TUSD/BTC | $ 1.000600 | $ 6,333,950 | check |
| # 3 | | Binance | TUSD/ETH | $ 1.002120 | $ 4,414,656 | check |
| # 4 |  | Bittrex | TUSD/BTC | $ 0.999005 | $ 1,398,965 | check |
| # 5 | | Binance | TUSD/BUSD | $ 1.001443 | $ 532,526 | check |
| # 6 | | Bittrex | TUSD/USD | $ 1.000000 | $ 470,251 | check |
| # 7 | | Bittrex | TUSD/ETH | $ 0.996965 | $ 199,611 | check |
| # 8 | | Binance | TUSD/LINK | $ 1.002859 | $ 171,848 | check |
| # 9 | | Binance | TUSD/LTC | $ 1.001788 | $ 136,130 | check |
| # 10 | | Binance | TUSD/ADA | $ 1.009895 | $ 120,552 | check |
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