TrueUSD Achieves Market Cap of $493.93 Million (TUSD)

TrueUSD (TUSD) traded 0.1% lower against the U.S. dollar during the twenty-four hour period ending at 15:00 PM ET on July 2nd. TrueUSD has a total market cap of $493.93 million and approximately $35.91 million worth of TrueUSD was traded on exchanges in the last day. One TrueUSD token can now be bought for about $1.00 or 0.00001610 BTC on popular exchanges. Over the last week, TrueUSD has traded down 0.1% against the U.S. dollar.

Here is how related cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded 0% lower against the dollar and now trades at $0.21 or 0.00000338 BTC.
• 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 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 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 0.7% higher against the dollar and now trades at $0.0119 or 0.00000019 BTC.
• AXIA Coin (AXC) traded down 0.1% 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 495,201,485 tokens. TrueUSD’s official message board is trueusd.medium.com. TrueUSD’s official Twitter account is @tusdio. The official website for TrueUSD is tusd.io.

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.”

Buying and Selling TrueUSD

It is usually not possible to purchase alternative cryptocurrencies such as TrueUSD directly using US dollars. Investors seeking to acquire TrueUSD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly 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