TrueUSD (TUSD) Hits Market Capitalization of $494.27 Million

TrueUSD (TUSD) traded 0.1% lower against the dollar during the 24-hour period ending at 21:00 PM E.T. on February 18th. TrueUSD has a market capitalization of $494.27 million and approximately $61.63 million worth of TrueUSD was traded on exchanges in the last 24 hours. Over the last week, TrueUSD has traded 0.1% higher against the dollar. One TrueUSD token can currently be purchased for $1.00 or 0.00001044 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over 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 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 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 down 0.6% against the dollar and now trades at $95,357.36 or 0.99817972 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.4% against the dollar and now trades at $94,818.52 or 0.99253917 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’s launch date was March 31st, 2018. TrueUSD’s total supply is 495,516,083 tokens. The official website for TrueUSD is tusd.io. TrueUSD’s official message board is trueusd.medium.com. 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 currently possible to purchase alternative cryptocurrencies such as TrueUSD directly using US dollars. Investors seeking to acquire TrueUSD should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TrueUSD using one of the aforementioned exchanges.

TUSD/USD price chart by TradingView