TrueUSD Achieves Market Cap of $509.81 Million (TUSD)

TrueUSD (TUSD) traded down 0.3% against the dollar during the 1-day period ending at 0:00 AM ET on April 24th. One TrueUSD token can currently be purchased for $1.00 or 0.00001559 BTC on popular cryptocurrency exchanges. Over the last week, TrueUSD has traded 0.1% higher against the dollar. TrueUSD has a market capitalization of $509.81 million and approximately $51.31 million worth of TrueUSD was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded 6.8% lower against the dollar and now trades at $0.31 or 0.00000489 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.8% against the dollar and now trades at $0.0090 or 0.00000014 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

TrueUSD Token Profile

TrueUSD launched on March 31st, 2018. TrueUSD’s total supply is 509,701,467 tokens. TrueUSD’s official message board is trueusd.medium.com. TrueUSD’s official website is tusd.io. TrueUSD’s official Twitter account is @tusdio.

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 possible to purchase alternative cryptocurrencies such as TrueUSD directly using U.S. dollars. Investors seeking to trade TrueUSD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TrueUSD using one of the aforementioned exchanges.

TUSD/USD price chart by TradingView