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TrueUSD (TUSD) is the first independently-verified digital asset redeemable 1-for-1 for US Dollars. The supply of TUSD is collateralized by US dollars held in escrow by banks. Tokens can be purchased and redeemed for US dollars on the TrustToken website.

TrueUSD is one of a number of cryptocurrency stablecoins administered by TrustToken, a platform for tokenizing real-world assets.

As with other stablecoins, TrueUSD aims to facilitate increased liquidity and provide cryptocurrency traders and general users with a nonvolatile asset relative to free-floating tokens such as Bitcoin (BTC).

What Makes TrueUSD Unique?

TrueUSD aims to balance stability and utility — the main use cases of any stablecoin — with security in the form of regular attestations.

From its launch onwards, parent company TrustToken has sought to underscore the importance of independent verification of the stablecoin’s provenance. As such, the stablecoin’s appeal is geared towards larger investors looking to reduce risk, in addition to smaller private traders.

TrustToken describes TUSD as “the first regulated stablecoin fully backed by the US Dollar.”

TrueUSD is part of an ever-expanding stablecoin market, which now includes a large number of USD-backed assets. Tether (USDT) remains by far the largest, with a market cap of $15 billion as of October 2020, compared to TUSD’s $382 million.

TrustToken has entered various corporate partnerships as part of its business activities, including options for TUSD holders to increase annualized passive income returns.

How to Use TUSD?

Mint: Get TUSD 1:1 for U.S. Dollars on homepage directly.

Hold: Hedge against the volatility of your crypto-assets by holding in TUSD, as stable as the dollar.

Trade: Trade TrueUSD on 70+ exchanges, 160+ markets, and 20+ OTC desks across 5 continents.

Vault: Stake,farm, mine TUSD on DeFi Platform on Ethereum, TRON, BSC for high returns.

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