Cryptocurrency Q&A What is TrueUSD backed by?

What is TrueUSD backed by?

HanbokGlamour HanbokGlamour Sun Oct 27 2024 | 7 answers 1832
I'm curious about the asset that backs TrueUSD. I want to know what gives this cryptocurrency its value and stability. What is it that supports or backs TrueUSD? What is TrueUSD backed by?

7 answers

WindRider WindRider Tue Oct 29 2024
The concept behind TUSD was developed by Trust Token, a company dedicated to creating innovative financial products.

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Silvia Silvia Tue Oct 29 2024
True USD (TUSD) is a cryptocurrency that holds a special position in the market.

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Chiara Chiara Tue Oct 29 2024
This stablecoin is fully backed by the US dollar, ensuring its value remains stable and predictable.

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EthereumEmpress EthereumEmpress Mon Oct 28 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of various investors.

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CryptoElite CryptoElite Mon Oct 28 2024
The primary goal of TUSD was to establish itself as the first regulated stablecoin that is fully collateralized by the US Dollar.

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