Who is behind TrueUSD?
I'm curious about the entity or individual responsible for creating and managing TrueUSD. I want to know who is behind this cryptocurrency and what their background or intentions might be.
What is TrueUSD backed by?
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?
Is TrueUSD a stable coin?
I'm interested in learning about TrueUSD and whether it falls under the category of a stable coin. I would like to understand its characteristics and if it maintains a stable value compared to traditional currencies.
How to mint TrueUSD?
I'm interested in understanding the process of minting TrueUSD (TUSD), a stablecoin designed to maintain a 1:1 parity with the US dollar. I want to know the steps involved, the entities responsible, and any requirements or restrictions that apply.
What is TrueUSD?
TrueUSD, abbreviated as TUSD, is a stablecoin issued by TrustToken. It is pegged to the US dollar at a 1:1 ratio, meaning each TUSD is backed by and can be redeemed for one US dollar. This stablecoin aims to provide stability and transparency to the cryptocurrency market, undergoing regular audits to ensure its reserves match the issued tokens. Being regulated and offering redeemability, TrueUSD is designed to be a trustworthy and stable asset in the volatile crypto space.