TrueUSD (TUSD)

0.07 %

Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

104635448>
Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

947573138.512>T
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

946,626,513.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.

946,626,512.64
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.

0.00
Low High
Contract
Website
Explorers
Social Media
Tags
Week Month Year All Time
High

Jan 19 2023

0.99994318981
0.11%

Jan 04 2023

1.001353090135
-0.04%

Jun 14 2022

1.008194738987
-0.71%

Aug 27 2018

-38.18%
Low

Jan 19 2023

0.99994318981
0.11%

Jan 16 2023

0.999618053983
0.14%

Nov 10 2022

0.993494904164
0.76%

Mar 12 2020

13.24%

Market

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score

Historical Data

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TrueUSD
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Coin Info

TrueUSD is a stablecoin that is tied to the USD at a 1:1 ratio. TrueUSD was first introduced to a small group of investors in January 2018 and has subsequently expanded to include about $1 billion in backed tokens. 

TrueUSD is one of many cryptocurrency stablecoins managed by TrustToken, a tokenization platform for real-world assets.

TrueUSD, like other stablecoins, seeks to boost liquidity by providing cryptocurrency traders and ordinary users with a nonvolatile asset in comparison to free-floating tokens like Bitcoin (BTC).

Rafael Cosman serves as the CEO and co-founder of Trustoken.

Cosman has a lifetime passion for cryptography and studied it alongside artificial intelligence (AI) before working at both Google Brain and the software business Palantir. In 2017, he left Google to start TrustToken.

TrueUSD was always only the beginning of TrustToken's product range, according to Cosman, requiring little effort in exchange for producing a high-impact asset.

At the time of the release, he pointed out that the business made frequent audits of the stablecoin a priority, giving investors peace of mind at a time when many crypto assets were experiencing high volatility following the initial coin offering (ICO) phenomena.

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