What is TrueUSD (TUSD)?

Cointral Marketing Manager
What is TrueUSD (TUSD)?

TrueUSD can be briefly described as a stablecoin integrated with USD. There are approximately 200 million TUSDs in the market. In this article we will give information about TrueUSD. For more information, please visit our blog.

What is TrueUSD? How does it Work?

TUSD showed a rapid increase when it was first launched. It quickly increased in number from 43 million coins to 200 million coins and more. TrueUSD transactions are done in bulk and therefore it is not known exactly how coins are created.

Today, TrueUSD coins are stored in over one thousand wallets. Based on the data prepared by Etherescan, TUSD transactions seem to be on the rise with the number of coins. It can be said that TUSD, which appears to have an organic growth volume, is similar to Tether in terms of coin increase.

The Main Purpose of TUSD

TUSD officials have previously announced that they have generated a $ 20 million revenue source from their strategic partnerships. Among the partners are Andreessen Horowitz, Block Tower Capital and Danhua Capital. It was decided that the accumulated funds would be spent by being converted to digital as asset tokens. But it is unclear whether all incoming assets will be converted to TrueUSD Coins. Danny An, CEO of Trust Token, said that TUSD was the first step to a system with only digital assets and that they would produce different tokens.

Buy TrueUSD (TUSD)

TUSD, can be purchased on Binance exchange. To purchase TUSD, you must be a member of Binance Exchange. After you log in, you can buy TUSD by purchasing Bitcoins and exchanging them. You can also buy TUSD at our Cointral branch with the help of our expert staff. Besides TUSD, you can buy Bitcoin, Ethereum, Ripple, Litecoin, Dash, Tether, BNB Coin, Cardano, Dogecoin, Steem, NEO and more than 1200 cryptocurrencies with Cointral.

Investment information, comments and recommendations contained herein are not included in the scope of investment advisory. Therefore, making an investment decision based solely on the information and comments contained herein may not produce results that are in line with your expectations.