TrueUSD (TUSD) Tausch

TUSD is one of the several stablecoins on the crypto market. It is fiat-collateralized and tied to dollar at one-to-one ratio. TUSD was designed to deal with the volatility problem and to be a reliable and transparent crypto asset. The TrueUSD team regularly publishes audits and info on collateralized holdings.

The TrueUSD network only approves those users who passed AML/KYC procedures and can verify their identity. For their part, TUSD management team guarantees transparency and minimal involvement: a new TUSD is minted automatically when a USD is deposited to the network, and burns when it is withdrawn.

TUSD ranks number 54 according to CMC with $275,435,049 market capitalization. It’s circulating supply is 275,494,560 TUSD.