TrueUSD Price Reaches $1.00 (TUSD)

TrueUSD (TUSD) traded down 0% against the US dollar during the 1 day period ending at 12:00 PM ET on January 9th. One TrueUSD token can now be purchased for $1.00 or 0.00001070 BTC on popular cryptocurrency exchanges. TrueUSD has a market capitalization of $495.55 million and approximately $52.80 million worth of TrueUSD was traded on exchanges in the last 24 hours. In the last seven days, TrueUSD has traded 0% higher against the US dollar.

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

• 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 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 up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.3% lower against the dollar and now trades at $93,324.43 or 0.99900207 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.6% against the dollar and now trades at $92,874.23 or 0.99418276 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.

TrueUSD Token Profile

TrueUSD’s launch date was March 31st, 2018. TrueUSD’s total supply is 495,601,553 tokens. TrueUSD’s official message board is trueusd.medium.com. TrueUSD’s official website 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.”

Buying and Selling TrueUSD

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

TUSD/USD price chart by TradingView