TrueUSD company info

What does TrueUSD do?
TrueUSD (CRYPTO:TUSD) is a USD-backed stablecoin that is fully collateralized by US dollars held in segregated bank accounts by leading US financial institutions. TUSD is designed to provide users with a stable and reliable digital asset that can be used for a variety of purposes, including payments, trading, and lending. TrueUSD is operated by TrustToken, a US-based company that is licensed to transmit money in multiple states. TrustToken is subject to regular audits by independent accounting firms to ensure that the USD reserves backing TUSD are fully accounted for. TUSD is a valuable tool for businesses and individuals who want to use cryptocurrency without having to worry about volatility. TUSD is also a good option for users who want to store their wealth in cryptocurrency but want to avoid the risk of losing value due to volatility.
TrueUSD company media
Company Snapshot

What is the market cap for TrueUSD?

bag
Market Cap
$494.89M

Where is the head office for TrueUSD?

location pin
Head Office
San Francisco, CA

What year was TrueUSD founded?

founded flag
Year Founded
2018
What does TrueUSD specialise in?
/Arbitrum Ecosystem /Asset-Backed Stablecoin /Avalanche Ecosystem /BNB Chain /Stablecoin /Store Of Value /USD Stablecoin

What are the products and/or services of TrueUSD?

Overview of TrueUSD offerings
Easy to buy and sell: TUSD is listed on a number of cryptocurrency exchanges, making it easy to buy and sell.
Fast and cheap global payments: TUSD can be sent and received anywhere in the world quickly and cheaply. TUSD transactions are processed on the Ethereum blockchain, which is a fast and efficient network.
Secure and transparent: TUSD is a secure and transparent stablecoin. TUSD reserves are held by leading US banks and are subject to regular audits.
Stablecoin pegged to the US dollar: TUSD is a fully-collateralized stablecoin, meaning that it is backed by a 1-to-1 reserve of fiat U.S. dollars. This makes TUSD a stable and reliable cryptocurrency that is pegged to the US dollar.
Supported by a reputable team: TUSD is issued by TrustToken, a financial technology company that provides a platform for the issuance and management of regulated stablecoins.
Wide range of use cases: TUSD can be used for a variety of purposes, including trading, payments, and investments.