TrueUSD (TUSD) Current Market Overview
The live price of TrueUSD is $0.9945**, with a 24-hour trading volume of **$30,913. Over the past day, TUSD experienced a +0.04% price change, while its weekly performance shows a +0.01% increase in USD value. With a circulating supply of 494,515,083 TUSD, its market capitalization stands at $493.29M, ranking #77 among cryptocurrencies.
Key Metrics:
- 24h High/Low: $0.9931 / $0.9960
- All-Time High: $1.3600 (currently -27.12% from ATH)
- All-Time Low: $0.9178 (currently +8.34% from ATL)
| Period | Price Change | Change (%) |
|---|---|---|
| Today | +$0.0004 | +0.04% |
| 7 Days | +$0.0001 | +0.01% |
| 30 Days | -$0.0007 | -0.06% |
| 3 Months | -$0.0014 | -0.13% |
Why Invest in TrueUSD?
Stability in Volatile Markets
TrueUSD maintains a 1:1 peg to the US dollar, making it a reliable safe-haven asset during crypto market downturns. Its reserves are fully collateralized and regularly audited, ensuring transparency.
DeFi Opportunities
- Staking Rewards: Earn passive income by staking TUSD on supported platforms.
- Liquidity Mining: Participate in DeFi protocols to generate yields.
๐ Explore DeFi strategies with TUSD
TUSD vs. Other Stablecoins
| Feature | TUSD | USDT | USDC |
|---|---|---|---|
| Backing | Full USD reserves | Mixed assets | Full USD reserves |
| Market Cap | $493.29M | $83B+ | $30B+ |
| Peg Stability | High | Moderate | High |
Frequently Asked Questions (FAQs)
1. How do I convert TUSD to cash?
- Sell TUSD for USDT on exchanges, then use P2P services or crypto-fiat pairs to convert to local currency.
2. Is TrueUSD fully backed?
Yes. Each TUSD token is backed 1:1 by USD held in regulated escrow accounts, verified via third-party attestations.
3. Can I store TUSD in MyEtherWallet?
Absolutely. As an ERC-20 token, TUSD is compatible with MyEtherWallet and other Ethereum-supported wallets.
4. What makes TUSD a good investment?
- Price stability during market volatility.
- Legal protections via escrow accounts.
- Earning potential through DeFi integrations.
๐ Learn more about stablecoin investments
Final Thoughts
TrueUSD offers a secure gateway into crypto with minimal volatility risks. Its transparent reserves and growing DeFi utility make it a strategic addition to diversified portfolios. For real-time trading insights, always refer to trusted market analytics tools.