TrueUSD
TrueUSD
TUSD
TrueUSD Timeline
TrueUSD Token allocation
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- Oct,2024TUSD continued to lead in transparency with additional innovations in compliance reporting and enhanced cross-chain capabilities. With a strong reputation in transparency, regulation, and stability, TUSD solidified its role as a staple stablecoin in both CeFi and DeFi ecosystems.
- Jul,2023TUSD became a key liquidity asset within the decentralized finance ecosystem, with its integration into top protocols such as Curve and Uniswap V3. This positioned TUSD as a core stablecoin for liquidity pools, allowing users to trade with low slippage and enhanced liquidity options.
- Mar,2023TrustToken rebranded to Archblock to emphasize its focus on financial infrastructure and regulatory compliance, with TUSD remaining its flagship product. This rebranding highlighted the company’s long-term commitment to building a trusted stablecoin ecosystem.
- Sep,2022TUSD implemented multi-chain support by expanding to networks like Ethereum, Binance Smart Chain, and Avalanche, increasing TUSD’s interoperability and utility across various blockchain ecosystems. This multi-chain strategy attracted users looking for stablecoins on diverse platforms, contributing to its continued growth.
- Feb,2022TrustToken launched a series of stablecoins pegged to other fiat currencies, such as TrueGBP, TrueAUD, and TrueCAD, aiming to replicate TUSD’s success across different markets. These expansions allowed TrustToken to establish a broader footprint in the stablecoin ecosystem.
TrueUSD Info
- Oct,2024TUSD continued to lead in transparency with additional innovations in compliance reporting and enhanced cross-chain capabilities. With a strong reputation in transparency, regulation, and stability, TUSD solidified its role as a staple stablecoin in both CeFi and DeFi ecosystems.
- Jul,2023TUSD became a key liquidity asset within the decentralized finance ecosystem, with its integration into top protocols such as Curve and Uniswap V3. This positioned TUSD as a core stablecoin for liquidity pools, allowing users to trade with low slippage and enhanced liquidity options.
- Mar,2023TrustToken rebranded to Archblock to emphasize its focus on financial infrastructure and regulatory compliance, with TUSD remaining its flagship product. This rebranding highlighted the company’s long-term commitment to building a trusted stablecoin ecosystem.
- Sep,2022TUSD implemented multi-chain support by expanding to networks like Ethereum, Binance Smart Chain, and Avalanche, increasing TUSD’s interoperability and utility across various blockchain ecosystems. This multi-chain strategy attracted users looking for stablecoins on diverse platforms, contributing to its continued growth.
- Feb,2022TrustToken launched a series of stablecoins pegged to other fiat currencies, such as TrueGBP, TrueAUD, and TrueCAD, aiming to replicate TUSD’s success across different markets. These expansions allowed TrustToken to establish a broader footprint in the stablecoin ecosystem.
TrueUSD Team
OrganizationsTrueUSD Intro
TrueUSD(TUSD) is the first digital asset with live on-chain attestations by independent third-party institutions and is backed 1:1 with the U.S. dollar (USD). So far, it has been listed on more than 100 trading platforms such as Binance and Huobi and is live on 12 mainstream public chains, including Ethereum, TRON, Avalanche, BSC, Fantom, and Polygon.
TrueUSD is attested to in real-time by an independent, industry-specialized accounting firm in the U.S., to ensure the 1:1 ratio of its USD reserve to the circulating token supply and the 100% collateral rate. With the integration of Chainlink PoR, TrueUSD becomes the first USD-Backed stablecoin to secure minting and further ensure transparency and reliability.
TUSD is granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica, a country in the Caribbean, effective on October 7th 2022.Since BUSD was sanctioned in March 2023, in order to protect the rights and interests of BUSD holders, Binance has begun to promote TUSD, including free handling fees for pending orders, increasing popular trading pairs of TUSD, and users can hold TUSD to participate in the launchpool, which also makes TUSD The market value of TUSD has grown rapidly and has now surpassed BUSD.
In 2024, TrueUSD (TUSD) has continued to strengthen its position as a USD-backed stablecoin known for its commitment to transparency and regulatory compliance. With a 1:1 USD backing, TUSD's reserves are now subject to daily attestations by Moore Hong Kong, which collaborates with The Network Firm in the U.S. to provide real-time reserve data for added security and trust. This approach assures users that the stablecoin’s circulating supply is fully collateralized, with information updated live through Chainlink’s Proof of Reserves (PoR) mechanism.
Above are only for introduction, not intended as investment advice.
TrueUSD Unlock & AllocationReport a Data Error
Q&A about TrueUSD Tokenomics
Explore the tokenomics of TrueUSD (TUSD) and review the project details below.
What is the allocation for TrueUSD (TUSD)?
TUSD does not have an initial allocation.
What is the supply schedule for TrueUSD (TUSD)?
TUSD is a stablecoin. When users purchase TUSD from TrustToken, the company will deposit the corresponding amount of US dollars in its bank account, and then issue the corresponding amount of TUSD on the blockchain. On the other hand, when users want to exchange TUSD for US dollars, they can send TUSD to TrustToken Company. The company will withdraw the corresponding amount of US dollars from its bank account for the user, and then destroy/burn the corresponding amount of TUSD.
Now the Circulating Supply of TUSD means the difference between TUSD mint and burn, you can find the latest amount on https://tusd.io
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TrueUSD Price Live DataReport a Data Error
TrueUSD(TUSD) is the first digital asset with live on-chain attestations by independent third-party institutions and is backed 1:1 with the U.S. dollar (USD). So far, it has been listed on more than 100 trading platforms such as Binance and Huobi and is live on 12 mainstream public chains, including Ethereum, TRON, Avalanche, BSC, Fantom, and Polygon.
TrueUSD is attested to in real-time by an independent, industry-specialized accounting firm in the U.S., to ensure the 1:1 ratio of its USD reserve to the circulating token supply and the 100% collateral rate. With the integration of Chainlink PoR, TrueUSD becomes the first USD-Backed stablecoin to secure minting and further ensure transparency and reliability.
TUSD is granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica, a country in the Caribbean, effective on October 7th 2022.Since BUSD was sanctioned in March 2023, in order to protect the rights and interests of BUSD holders, Binance has begun to promote TUSD, including free handling fees for pending orders, increasing popular trading pairs of TUSD, and users can hold TUSD to participate in the launchpool, which also makes TUSD The market value of TUSD has grown rapidly and has now surpassed BUSD.
In 2024, TrueUSD (TUSD) has continued to strengthen its position as a USD-backed stablecoin known for its commitment to transparency and regulatory compliance. With a 1:1 USD backing, TUSD's reserves are now subject to daily attestations by Moore Hong Kong, which collaborates with The Network Firm in the U.S. to provide real-time reserve data for added security and trust. This approach assures users that the stablecoin’s circulating supply is fully collateralized, with information updated live through Chainlink’s Proof of Reserves (PoR) mechanism.
Above are only for introduction, not intended as investment advice.