TUSD
$0.99

TrueUSD (TUSD) Price

$0.99
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TrueUSD (TUSD) Price Today

The live price of TrueUSD is $0.99 USD. In the past 24 hours, the trading volume of TrueUSD was $47.2M USD, with a change of +0.02%. The current live price of TrueUSD has changed by 0% from its 7-day high of $- USD and by 0% from its 7-day low of $- USD. With a circulating supply of $494,515,083.00 TUSD, the market cap of TrueUSD is currently $493.4M USD, marking a -0.51% change in the last 24 hours. TrueUSD currently ranks 110 by market capitalization.

TrueUSD (TUSD) Market Data

Market Cap
$493.4M
24h Volume
$47.2M
Circulating Supply
494.5M TUSD
Maximum Supply
--
Fully Diluted Market Cap
$493.4M
Liquidity Indicator
9.57%
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About TrueUSD (TUSD)


What Is TrueUSD (TUSD) and How Does It Work?


TrueUSD (TUSD) is a fully collateralized stablecoin that is pegged 1:1 to the US dollar. It was launched in 2018 by TrustToken as one of the first regulated, transparent stablecoins backed by real fiat held in escrow accounts. For every TUSD token in circulation, there is an equivalent US dollar held in reserve with regulated financial institutions.

TUSD operates through smart contracts that automatically mint or burn tokens when users deposit or withdraw fiat funds. These processes are fully audited and verified in real time through Chainlink's Proof-of-Reserve system, ensuring continuous transparency. Users can mint TUSD by sending a wire transfer to a TUSD partner bank, and in return, receive TUSD on-chain. To redeem, users send TUSD back and receive the equivalent USD via bank transfer. The system is designed to maintain a stable value, high liquidity, and legal protection for holders.

How Does TUSD Maintain Its 1:1 USD Peg and Transparency?


TUSD maintains its 1:1 peg to the US dollar by holding an equivalent amount of USD in third-party escrow accounts for every TUSD token in circulation. These reserves are managed by regulated financial institutions and are not co-mingled with company funds, offering legal protection to users.

To ensure transparency, TUSD uses real-time attestations powered by Chainlink Proof-of-Reserve, a decentralized oracle system that continuously verifies the matching supply of tokens and USD reserves. Additionally, independent auditing firms like The Network Firm and Cohen & Company conduct regular attestations and publish public reports. This combination of on-chain verification, off-chain audits, and legal safeguards makes TUSD one of the most transparent and trustworthy fiat-backed stablecoins in the market.

When Was TrueUSD Stablecoin Launched?


TrueUSD (TUSD) was officially launched on March 5, 2018, on the Bittrex exchange by TrustToken, making it one of the earliest fully transparent, USD-backed stablecoins. Some sources also describe it as introduced in mid-2018 through the TrustToken platform. In December 2019, TUSD became the first stablecoin to implement real-time reserve attestations, enhancing its commitment to transparency and trust.

The stablecoin was developed by TrustToken, which later rebranded to Archblock. The founding team includes Rafael Cosman, a Stanford graduate with experience at Palantir and Google; Danny (“Jai”) An, the CEO who has discussed TUSD’s origin on various platforms; Stephen Kade, a product lead with a background from UC Berkeley; and Tory Reiss, who previously held roles at Microsoft and led strategic partnerships.

TrueUSD Roadmap & Corporate Evolution


• Multiple stablecoins launched: Following TUSD, TrustToken introduced fiat‑pegged coins such as TrueAUD, TrueGBP, TrueCAD, TrueHKD, as part of ongoing expansion.


• Rebranding & Ownership (December 2020): Acquired by Techteryx (an Asian conglomerate); later rebranded to Archblock in September 2022. Leadership emphasized independence from Justin Sun.


• Innovations:
- First to introduce real‑time reserve attestations in December 2019.
- Launched TrustExplorer, Live Proof‑of‑Reserve portal, and monthly reporting on escrowed USD.


What Is TUSD Stablecoin Used for?


TrueUSD (TUSD) is a versatile USD‑pegged stablecoin used across the crypto ecosystem for:

1. Trading & Hedging: Acting as a stable asset, TUSD lets traders lock in gains or avoid volatility, and supports margin and spot positions on major exchanges.

2. DeFi & Lending: Widely used on lending platforms and liquidity pools, TUSD earns passive yield and provides collateral for borrowing.

3. Payments & Remittances: Enables low‑cost, fast cross‑border transfers and e‑commerce use, accepted on platforms like Travala, NOWPayments, UQUID, and HYVE.

4. Stable Store of Value: Holds value during crypto market swings, resisting inflation and offering reliability.

You can trade TUSD on BingX by searching for the TUSD/USDT pair in the Spot section. Simply select the trading pair, set your order type (market, limit, etc.), enter the amount, and execute to buy or sell instantly using BingX’s advanced trading tools

What Is TrueUSD Tokenomics?


TrueUSD (TUSD) is a fiat-collateralized stablecoin with a 1:1 peg to the US dollar. Unlike utility or governance tokens, TUSD does not have a capped supply, inflation schedule, or staking mechanism. Its tokenomics are simple and fully demand-driven. New TUSD tokens are minted only when users deposit an equivalent amount of USD through approved financial partners, and burned when users redeem TUSD for fiat.

Key elements of TUSD tokenomics include:

1. Supply Mechanism: Elastic supply based on user minting/redemption. The total circulating supply grows or shrinks depending on market demand.

2. Collateralization: 100% backed by USD reserves held in third-party escrow accounts, independently verified via Chainlink Proof-of-Reserve and real-time attestations.

3. No Inflation or Yield: TUSD does not offer native staking rewards or yields. Its utility is in stability, liquidity, and ease of integration with DeFi platforms, exchanges, and payment services.

4. Multi-Chain Support: TUSD is issued on multiple blockchains, including Ethereum, BNB Smart Chain, TRON, Avalanche, Arbitrum, Optimism, and others, increasing its accessibility and interoperability.

How Is TUSD Different From Other Stablecoins?


TrueUSD (TUSD) stands out from other stablecoins due to its emphasis on transparency, regulatory compliance, and real-time reserve verification. Unlike algorithmic or undercollateralized stablecoins, TUSD is fully backed by U.S. dollars held in escrow accounts with regulated financial institutions. These reserves are independently verified through real-time attestations, powered by Chainlink’s Proof-of-Reserve, which provides on-chain transparency and constant assurance that every TUSD in circulation is fully backed by USD.

Additionally, TUSD was one of the first stablecoins to implement legally protected, third-party escrow structures, giving token holders direct legal claims to the underlying assets. While many competitors rely on monthly or quarterly audits, TUSD offers live verification, reducing risk and boosting user trust. It also avoids algorithmic mechanisms (like Terra’s failed UST) and has no native yield component, making it ideal for traders, institutions, and DeFi protocols seeking a stable, regulated, and verifiable store of value.

What Blockchain Networks Is TrueUSD Issued on?


TrueUSD (TUSD) is issued on multiple blockchain networks to ensure broad accessibility, faster transactions, and lower fees. It is available on Ethereum (ERC‑20), BNB Smart Chain (BEP‑20), TRON (TRC‑20), Avalanche, Polygon, Arbitrum, Optimism, Cronos, Fantom, Aurora, and several other EVM-compatible chains. This multi-chain support allows users to seamlessly move TUSD across various DeFi platforms, centralized exchanges, and wallets, enhancing its utility for trading, lending, payments, and cross-chain transfers. The availability on low-cost, high-speed networks also makes TUSD ideal for retail and institutional use cases alike.

Which Wallets Support TUSD Tokens?


The simplest and most convenient way to store TrueUSD (TUSD) is directly on BingX. By using your BingX account, you can hold, trade, and transfer TUSD without needing to manage private keys or external wallets. This option is ideal for active traders and users who want quick access to spot trading, real-time portfolio management, and secure exchange-level custody, all within one platform.

For users who prefer self-custody, several non-custodial wallets support TUSD across Ethereum and other supported blockchains. Popular options include Guarda Wallet, Atomic Wallet, and Zengo, which offer mobile and desktop compatibility, private key control, and integrated swapping features. Browser wallets like MyEtherWallet (MEW) and the Enkrypt extension also support TUSD for those interacting with DeFi. For maximum security, hardware wallets such as Ledger and Trezor allow users to store TUSD offline and manage assets through MetaMask or Ledger Live, supporting multiple chains including Ethereum, BNB Smart Chain, and Avalanche.

Is TrueUSD Safe and Fully Backed?


Yes, TrueUSD (TUSD) is considered one of the safest and most transparent fiat-backed stablecoins. It is fully collateralized with U.S. dollars held in third-party escrow accounts, and each token is backed 1:1 with fiat. TUSD uses Chainlink’s Proof-of-Reserve system for real-time on-chain verification, and undergoes frequent attestations by independent auditing firms like The Network Firm and Cohen & Company. These measures ensure that reserves match circulating supply at all times. Additionally, TUSD’s legal structure gives holders enforceable rights to the underlying assets, providing an extra layer of protection compared to many other stablecoins.

Is TrueUSD (TUSD) a Good Investment?


TrueUSD (TUSD) is a strong choice for investors and traders seeking a transparent, reliable, and fully backed stablecoin. Unlike algorithmic or partially collateralized stablecoins, TUSD maintains a 1:1 peg with the U.S. dollar through reserves held in independently audited, third-party escrow accounts. Real-time proof-of-reserve reporting via Chainlink oracles adds an additional layer of transparency, giving users confidence that every TUSD in circulation is verifiably backed by USD. This makes it a valuable tool for hedging against volatility, locking in profits, or serving as a stable base currency in both centralized and decentralized finance (DeFi) environments.

TUSD also offers broad utility across multiple blockchains including Ethereum, BNB Smart Chain, TRON, and Avalanche, making it accessible for a wide range of applications. It’s supported by top exchanges and integrated into leading DeFi protocols, enabling yield opportunities, lending, and cross-border payments. With strong regulatory compliance, legal protections, and an established track record since 2018, TUSD is a means of preserving value and a strategic asset for navigating crypto markets safely and efficiently.

Information source

Official Website

TrueUSD (TUSD) Price Converter

TUSD to USD
1 TUSD = $ 0.99
TUSD to VND
1 TUSD = ₫ 26,041.16
TUSD to EUR
1 TUSD = € 0.85
TUSD to TWD
1 TUSD = NT$ 29.04
TUSD to IDR
1 TUSD = Rp 16,198.73
TUSD to PLN
1 TUSD = zł 3.61
TUSD to UZS
1 TUSD = so'm 12,574.00
TUSD to JPY
1 TUSD = ￥ 145.71
TUSD to RUB
1 TUSD = ₽ 78.44
TUSD to TRY
1 TUSD = ₺ 39.82
TUSD to THB
1 TUSD = ฿ 32.37
TUSD to UAH
1 TUSD = ₴ 41.59
TUSD to SAR
1 TUSD = ر.س 3.74
TrueUSD Price Converter

How to Buy TrueUSD (TUSD)

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How to Buy TUSD Guide

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Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.

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Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.