TrueUSD Reaches Market Capitalization of $509.12 Million (TUSD)

TrueUSD (TUSD) traded down 0.1% against the dollar during the 24 hour period ending at 8:00 AM Eastern on May 11th. One TrueUSD token can now be bought for approximately $1.00 or 0.00001644 BTC on major cryptocurrency exchanges. In the last seven days, TrueUSD has traded down 0.1% against the dollar. TrueUSD has a total market cap of $509.12 million and approximately $38.97 million worth of TrueUSD was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded down 1.9% against the dollar and now trades at $0.29 or 0.00000473 BTC.
• 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.3% higher against the dollar and now trades at $0.0105 or 0.00000017 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About TrueUSD

TrueUSD’s launch date was March 31st, 2018. TrueUSD’s total supply is 509,701,467 tokens. The official website for TrueUSD is tusd.io. TrueUSD’s official Twitter account is @tusdio. TrueUSD’s official message board is trueusd.medium.com.

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.”

TrueUSD Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as TrueUSD directly using U.S. dollars. Investors seeking to trade TrueUSD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. 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