Marketcap Ranking
Market Price (24h change)
Total Market Cap
2.6
-
3.7
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 REVIEW: Beginner's Explained - TrueUSD Altcoin ☆ WEBSITE ➤ https://trusttoken.com ☆ CONTACTS ➤ icosreviews@gmail.com Among one of the ...
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
4.7
TrueUSD claim to be a stablecoin that you can redeem 1-for-1 for US dollars.
Every DGX = 1 Gram of gold. You can own, save and transact Gold in tokenised form - keeping secure private ownership of your digital assets.
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.
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 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
2.3
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 2,937 Members |
directions_run 442 Online |
Official Twitter account for TrueUSD
view_list @TrustToken Channel |
person 18,698 Followers |
02.10.2021 16:26 | We recently rolled out the #TrueFi V2 roadmap! This upgrade will allow for a dramatic overhaul in TrueFi's lending operations as well as other niche’ aspects related to value accrual, decentralization, and automation. $TRU Read more: https://t.co/O2GdRqqWSF | 17 favorite |
02.09.2021 17:57 | Phase 2 is the next step for #TrueFi. Releasing on February 19, this phase will introduce Liquid Exit to improve the lender experience, improve the overall staking model to grow $TRU utilization, and launch full on-chain token governance. Read More: https://t.co/O8NHKSskdu | 35 favorite |
02.09.2021 15:43 | Looks to us like $TRU is growing up fast https://t.co/jMGzzO0ZE9 | 19 favorite |
02.08.2021 16:33 | Join us in reviewing a New Borrower request from @Poloniex, a top 30 global exchange, for their first unsecured TrueFi loan of $2m for 30d at 12% APY Ask the Poloniex team anything now on the #TrueFi forum: Related: Poloniex offers $TRU trading https://t.co/G7QvLwGIab | 74 favorite |
02.08.2021 16:26 | Excited to receive a New Borrower request from @cmsholdings, for their first unsecured TrueFi loan of $2m for 30d at 12% APY Learn more about CMS and ask them anything in the #TrueFi forum: https://t.co/n1u0B8kJkn | 32 favorite |
02.06.2021 17:47 | The goal of #TrueFi is to become the most widely adopted protocol for uncollateralized lending on blockchain. The focus of the protocol needs to be on providing an attractive risk-adjusted return over the long term. $TRU Here's our roadmap to do that: https://t.co/HAHcUMM0t7 | 37 favorite |
02.04.2021 21:02 | $TAUD market cap just surpassed $10M 🙌 Thank you to our amazing community for the support! https://t.co/qgc7OapvTH | 19 favorite |
02.03.2021 16:07 | Fantastic summary of the 2021 TrueFi Roadmap by our friends at @hillrisecapital Big thanks for diving in! https://t.co/9UCAFJi2ld | 13 favorite |
02.03.2021 01:10 | The master plan: free money to move instantly to where it creates the most value. 👇 The mission: economic opportunity for all Stablecoins are the vehicles to move value quickly, cheaply DeFi is the rails routing to value creation Together, $ moves like 🌊, grows like 🔥 https://t.co/n5aaTCOCRw | 18 favorite |
02.01.2021 18:26 | Thank you to @YahooFinance for sharing the exciting news about our $TRU token listings! Another great step for #TrueFI 🎉 Read the full article here: https://t.co/Bv6hsKVj1w | 42 favorite |
There are no events for TrueUSD in the next 3 Months
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.
1.9
Every change to the codebase of TrueUSD is registered
as a commit. More active projects have many commits, dead projects nearly none.
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.
star 178 Stars |
remove_red_eye 24 Watchers |
usb 66 Forks |
sync_problem 11 Open Issues |
border_color 3.01 % Comment Coverage |
lock_open Other License |
4.1
Predicted USD Market Price in 24h by Coinpaper
Predicted USD Market Price in 14d by Coinpaper
Convert between TUSD and USD with the live TrueUSD prices, aggregated from all big exchanges that trade TrueUSD.
Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.
4.8
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.
# | Exchange | Pair | Price | 24h Volume | Trusted | |
---|---|---|---|---|---|---|
# 1 | ![]() | Binance | TUSD/USDT | $ 0.997760 | $ 14,356,914 | check |
# 2 | ![]() | Binance | TUSD/BTC | $ 0.997353 | $ 7,074,626 | check |
# 3 | ![]() | Binance | TUSD/ETH | $ 0.997359 | $ 4,601,523 | check |
# 4 | ![]() | Binance | TUSD/BUSD | $ 0.997399 | $ 4,450,950 | check |
# 5 | ![]() | Bittrex | TUSD/BTC | $ 0.998310 | $ 4,241,488 | check |
# 6 | ![]() | Binance | TUSD/ADA | $ 1.001831 | $ 1,463,108 | check |
# 7 | ![]() | Binance | TUSD/BNB | $ 0.997559 | $ 774,356 | check |
# 8 | ![]() | Bittrex | TUSD/USD | $ 0.998000 | $ 667,237 | check |
# 9 | ![]() | Binance | TUSD/XRP | $ 0.991876 | $ 527,268 | check |
# 10 | ![]() | Bittrex | TUSD/ETH | $ 0.996411 | $ 296,726 | check |
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