TrueUSD (TUSD) Hits Market Capitalization of $495.40 Million

TrueUSD (TUSD) traded 0.1% higher against the US dollar during the 24-hour period ending at 13:00 PM E.T. on November 18th. One TrueUSD token can currently be purchased for about $1.00 or 0.00001092 BTC on major cryptocurrency exchanges. TrueUSD has a market capitalization of $495.40 million and $58.99 million worth of TrueUSD was traded on exchanges in the last day. Over the last seven days, TrueUSD has traded 0.2% lower against the US dollar.

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

• 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 2.2% lower 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.
• SolvBTC (SOLVBTC) traded up 1.2% against the dollar and now trades at $91,233.15 or 0.99666430 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.8% higher against the dollar and now trades at $90,776.71 or 0.99167796 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 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 495,601,553 tokens. TrueUSD’s official Twitter account is @tusdio. TrueUSD’s official message board is trueusd.medium.com. 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.”

TrueUSD Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as TrueUSD directly using US dollars. Investors seeking to acquire TrueUSD should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TrueUSD using one of the aforementioned exchanges.

TUSD/USD price chart by TradingView