TrueUSD (TUSD) Achieves Market Cap of $494.14 Million

TrueUSD (TUSD) traded 0% higher against the US dollar during the 1 day period ending at 10:00 AM Eastern on October 22nd. TrueUSD has a market capitalization of $494.14 million and approximately $33.95 million worth of TrueUSD was traded on exchanges in the last day. One TrueUSD token can now be purchased for $1.00 or 0.00001485 BTC on popular cryptocurrency exchanges. In the last seven days, TrueUSD has traded down 0% against the US dollar.

Here is how other cryptocurrencies have performed in the last day:

• 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.
• 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.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded 1.8% lower against the dollar and now trades at $169.83 or 0.00252956 BTC.

TrueUSD Token Profile

TrueUSD launched on 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. TrueUSD’s official message board 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 possible to purchase alternative cryptocurrencies such as TrueUSD directly using U.S. dollars. Investors seeking to trade TrueUSD should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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