TrueUSD is a U.S. dollar stablecoin pegged to USD at 1:1. First launched to a limited investor base in January 2018, TrueUSD has since grown to incorporate almost $400 million of backed tokens as of October 2020.

TrustToken describes TUSD as “the first regulated stablecoin fully backed by the US Dollar.”

There are two incarnations of TUSD available: an ERC-20 token on Ethereum and another, also known as TUSDB, a BEP-2 token on Binance Chain.

From its launch onwards, parent company TrustToken has sought to underscore the importance of independent verification of the stablecoin’s provenance. As such, the stablecoin’s appeal is geared towards larger investors looking to reduce risk, in addition to smaller private traders.

The current CoinMarketCap ranking is #42, with a live market cap of $1,214,607,519 USD. It has a circulating supply of 1,213,813,473 TUSD coins and the max. supply is not available.

If you want to know where to buy TrueUSD at the current rate, the top cryptocurrency exchanges for trading in TrueUSD stock are Binance, OKX, Coinbase and Huobi .