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TrueUSD (TUSD) logo

TrueUSD (TUSD) Review

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Expert Review
Nov 17, 2020

TrueUSD is a U.S. dollar stablecoin pegged to USD at 1:1. First launched to a limited investor base in January 2018, TrueUSD has since grown to incorporate almost $400 million of backed tokens as of October 2020.

TrueUSD is one of a number of cryptocurrency stablecoins administered by TrustToken, a platform for tokenizing real-world assets.

As with other stablecoins, TrueUSD aims to facilitate increased liquidity and provide cryptocurrency traders and general users with a nonvolatile asset relative to free-floating tokens such as Bitcoin (BTC).

As of October 2020, TUSD is the 38th largest cryptocurrency by market cap.

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User reviews
Elana Kramer 11 Jan
4.0

TUSD balances well between stability and utility. Because the coin is tied to USD, there should be no problems with this, plus I have full protection against misappropriation of savings.