$1.49 AUD
-0.31% ()
TrueUSD (TUSD) is a stablecoin pegged to the value of the US dollar and fully backed by fiat reserves. TrueUSD aims to provide a reliable and transparent stablecoin solution for users of blockchain platforms. The stablecoin operates on the Ethereum blockchain and is widely used for trading and payments.
TrueUSD operates as a stablecoin that is backed 1:1 by US dollars held in escrow accounts. The TUSD token is used for transactions, payments, and value storage within the TrueUSD ecosystem. Users can easily redeem TrueUSD for US dollars through the platform's redemption process, ensuring the stability and reliability of the stablecoin.
TrueUSD provides a stable and transparent stablecoin solution for users of blockchain platforms, ensuring reliability and trustworthiness. The stablecoin's full backing by fiat reserves provides users with confidence in its stability and value preservation. TrueUSD facilitates seamless transactions and payments on the Ethereum blockchain.
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