TrueUSD Reaches Market Cap of $509.90 Million (TUSD)

TrueUSD (TUSD) traded down 0.3% against the U.S. dollar during the 24-hour period ending at 19:00 PM E.T. on April 24th. One TrueUSD token can now be bought for about $1.00 or 0.00001566 BTC on major cryptocurrency exchanges. In the last week, TrueUSD has traded 0.1% higher against the U.S. dollar. TrueUSD has a total market capitalization of $509.90 million and approximately $52.03 million worth of TrueUSD was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded 4.8% lower against the dollar and now trades at $0.32 or 0.00000501 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.4% against the dollar and now trades at $0.0090 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

TrueUSD Profile

TrueUSD’s launch date was March 31st, 2018. TrueUSD’s total supply is 509,701,467 tokens. The official message board for TrueUSD is trueusd.medium.com. The official website for TrueUSD is tusd.io. TrueUSD’s official Twitter account is @tusdio.

According to CryptoCompare, “TrueUSD (TUSD) is a stablecoin pegged 1:1 to the US dollar, built on the Ethereum blockchain. Created by TrustToken, TUSD provides a digital alternative to USD, offering a stable store of value and means of exchange for people and businesses. TUSD is used for remittances, e-commerce, P2P payments, trading on crypto exchanges, and more.”

Buying and Selling TrueUSD

It is usually not presently possible to purchase alternative cryptocurrencies such as TrueUSD directly using U.S. dollars. Investors seeking to acquire TrueUSD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TrueUSD using one of the aforementioned exchanges.

TUSD/USD price chart by TradingView