TrueUSD Reaches Market Cap of $493.36 Million (TUSD)

TrueUSD (TUSD) traded 0.1% higher against the US dollar during the 1-day period ending at 14:00 PM Eastern on November 6th. Over the last week, TrueUSD has traded up 0.1% against the US dollar. One TrueUSD token can currently be purchased for about $1.00 or 0.00001316 BTC on major exchanges. TrueUSD has a market capitalization of $493.36 million and $58.09 million worth of TrueUSD was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 7.8% higher against the dollar and now trades at $75,236.48 or 0.99432703 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 6.2% higher against the dollar and now trades at $74,011.09 or 0.97813223 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

TrueUSD Profile

TrueUSD’s genesis date was March 31st, 2018. TrueUSD’s total supply is 495,601,553 tokens. TrueUSD’s official website is tusd.io. TrueUSD’s official Twitter account is @tusdio. The official message board for TrueUSD is trueusd.medium.com.

According to CryptoCompare, “TrueUSD (TUSD) is a stablecoin pegged 1:1 to the US dollar, built on the Ethereum blockchain. Created by TrustToken, TUSD provides a digital alternative to USD, offering a stable store of value and means of exchange for people and businesses. TUSD is used for remittances, e-commerce, P2P payments, trading on crypto exchanges, and more.”

TrueUSD Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as TrueUSD directly using US dollars. Investors seeking to trade TrueUSD should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TrueUSD using one of the exchanges listed above.

TUSD/USD price chart by TradingView