TrueUSD Reaches Market Cap of $493.61 Million (TUSD)

TrueUSD (TUSD) traded 0% lower against the US dollar during the 24 hour period ending at 10:00 AM ET on June 17th. One TrueUSD token can now be purchased for $1.00 or 0.00001530 BTC on cryptocurrency exchanges. In the last seven days, TrueUSD has traded down 0.1% against the US dollar. TrueUSD has a total market cap of $493.61 million and approximately $22.51 million worth of TrueUSD was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1.9% lower against the dollar and now trades at $64,998.83 or 0.99637993 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.2% against the dollar and now trades at $64,652.90 or 0.99782908 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

TrueUSD Profile

TrueUSD was first traded on March 31st, 2018. TrueUSD’s total supply is 494,515,083 tokens. The official message board for TrueUSD is trueusd.medium.com. The official website for TrueUSD 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 US dollars. Investors seeking to trade TrueUSD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TrueUSD using one of the aforementioned exchanges.

TUSD/USD price chart by TradingView