TrueUSD is a cryptocurrency with ticker TUSD and is currently ranked as the #17th largest cryptocurrency by market capitalization.
TrueUSD is a stablecoin that is pegged to the US Dollar and is backed by fiat currency held in escrow accounts. The TrueUSD token is an ERC20 token that is built on the Ethereum blockchain.
TrueUSD was created in order to provide a more stable and trustworthy alternative to other stablecoins such as Tether (USDT). TrueUSD is backed by real US Dollars and is redeemable for those dollars at any time.
The benefits of using TrueUSD include the fact that it is fully collateralized and backed by real US Dollars, it is transparently audited, and has a built-in fraud protection system.
TrueUSD is a great option for those looking for a stable and trustworthy stablecoin.
