TrueUSDPrice(TUSD)
Details TrueUSD (TUSD) Price information (USD)
The current real-time price of TUSD is $0.9980. In the past 24 hours, TUSD has traded between $0.9966 and $0.9986, showing strong market activity. The all-time high of TUSD is $1.62, and the all-time low is $0.8835.
From a short-term perspective, the price change of TUSD over the past 1 hour is
TrueUSD (TUSD) Market Information
TrueUSD (TUSD) Today's Price
The live price of TUSD today is $0.9980, with a current market cap of $493.571M. The 24-hour trading volume is 10M. The price of TUSD to USD is updated in real time.
TrueUSD (TUSD) Price History (USD)
What is TRUEUSD (TUSD)?
When is the right time to buy TUSD? Should I buy or sell TUSD now?
Before deciding whether to buy or sell TUSD, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s TUSD technical analysis can provide you with trading references.
Future price trend of TUSD
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for TUSD.
How much will TUSD be worth tomorrow, next week, or next month in ? What about your TUSD assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! TUSD Price Prediction
How to buy TRUEUSD (TUSD)
Convert TUSD to local currency
TUSD Resources
To learn more about TUSD, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xd423...a4c261  | 97.585M | 30.97% |
ethereum | 0x7000...60ad34 | 80.000M | 25.39% |
ethereum | 0x2bb1...95ca7d | 78.000M | 24.75% |
ethereum | 0x9390...e6a1d1 | 16.471M | 5.23% |
ethereum | 0x4359...def7cb | 5.706M | 1.81% |
Other | 37.362M | 11.86% |
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TRUEUSD (TUSD) FAQ
What is TrueUSD (TUSD) and how does it maintain its 1:1 peg to the US Dollar?
TrueUSD (TUSD) is a stablecoin designed to maintain a 1:1 peg with the US Dollar. It achieves this stability by holding equivalent USD reserves for every TUSD token in circulation. This means that each TUSD token is backed by one US Dollar held in a traditional financial institution, ensuring its value remains consistent and predictable for users in the digital asset space.
How are TUSD's reserves verified and what level of transparency does it offer?
TUSD aims for high transparency by providing independent real-time attestations of its reserves. Users can verify the backing of TUSD through on-chain collateralization data, which is often facilitated using technologies like Chainlink's Proof of Reserves (PoR). This rigorous verification process allows for continuous and public validation of the stablecoin's backing, enhancing trust in its stability.
Is TrueUSD safe and reliable?
TUSD prioritizes safety and reliability through several measures. Its smart contracts undergo scrutiny to ensure robust security. The US Dollar reserves backing TUSD are held in FDIC-insured bank accounts, offering a layer of protection for the underlying assets. Additionally, legal frameworks are in place to safeguard the stablecoin's operations, contributing to its overall trustworthiness and dependability for users.
How can I mint and redeem TUSD for US Dollars? What are the fees and processing times?
Users can typically mint new TUSD by depositing US Dollars and redeem TUSD for US Dollars through official channels. The process is designed to be straightforward for converting between fiat and digital assets. TUSD generally does not impose fees for minting or redemption transactions. These conversions are usually processed efficiently, often within one business day, allowing for quick access to and from fiat currency.
On which blockchain networks is TUSD available?
TUSD is designed for broad accessibility across the multi-chain Web3 ecosystem. It is available on various prominent blockchain networks, including Ethereum, TRON, BNB Chain, and Avalanche, among others. This multi-chain presence allows users to leverage TUSD in diverse decentralized applications, exchanges, and financial protocols across different blockchain environments, enhancing its utility and reach within the digital asset market.
What are the potential risks associated with TUSD?
While stablecoins aim for stability, TUSD, like any digital asset, carries potential risks. These include the evolving landscape of regulatory changes, which could impact its operations. Counterparty risk associated with the entities holding the reserves is another consideration. Users should also be aware that, despite its design, TUSD has experienced instances of temporary de-pegging from its dollar value in the past, leading to community concerns and highlighting the potential for market fluctuations.
