
TrueUSD
tusdRank #100TrueUSD (TUSD): early live-attestation dollar stablecoin, now a second-tier peg reliant on issuer trust.
TrueUSD (TUSD) is a fiat-collateralized stablecoin that pegs one token to one U.S. dollar and was among the first to publish live, third-party on-chain attestations of its reserves rather than periodic PDF reports.
Multi-chain reach and proof-of-reserve minting
Issued across roughly a dozen chains including Ethereum, Tron, Avalanche and BNB Chain, TUSD leans on Chainlink Proof of Reserve to gate minting against verified collateral, and has been granted authorized-currency status in the Commonwealth of Dominica. Its distribution is broad — listings on Binance, Huobi and 100-plus venues — but its circulating footprint sits well below USDT and USDC.
Counterparty and transparency concerns to weigh
The honest concerns are counterparty and transparency-related: TUSD's banking and attestation arrangements have drawn scrutiny, and its close ties to Tron-centric liquidity concentrate risk. For a fiat stablecoin the entire thesis is trust in the issuer and reserves; TUSD offers real-time visibility but occupies a tier where peg confidence is more fragile than the market leaders. Holders use it mainly as trading collateral, not a store of value.
- 1. Choose an exchange. Pick a reputable exchange that lists TUSD — among the venues we rate highest are Binance, OKX and Kraken.
- 2. Create & verify your account. Register, enable two-factor authentication, and complete identity verification (KYC).
- 3. Deposit funds. Add money by bank transfer, card, or a stablecoin, depending on what the exchange supports in your region.
- 4. Buy TUSD. Search for TUSD, choose a market or limit order, enter your amount, and confirm.
- 5. Secure your coins. For long-term holdings, withdraw TUSD to a self-custody wallet you control rather than leaving it on the exchange.
Compare venues in our independent exchange ratings. This is not financial advice.
What is TrueUSD (TUSD)?
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TrueUSD (TUSD) is a fiat-collateralized stablecoin that pegs one token to one U.S. dollar and was among the first to publish live, third-party on-chain attestations of its reserves rather than periodic PDF reports.
What is TrueUSD used for and how does it work?
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## Multi-chain reach and proof-of-reserve minting
What is the market cap and rank of TrueUSD?
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TrueUSD has a market capitalization of $492.37M, ranking #100 among all cryptocurrencies, on 24-hour trading volume of $22.01M.
How many TUSD are in circulation?
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There are 494,515,083 TUSD in circulation, and TrueUSD has no fixed maximum supply.
What is the all-time high of TrueUSD?
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TrueUSD reached an all-time high of $1.62 on Aug 26, 2018. It currently trades 38% below that level.
Is TrueUSD a good investment?
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Simple Crypto Signal does not provide financial advice. The honest concerns are counterparty and transparency-related: TUSD's banking and attestation arrangements have drawn scrutiny, and its close ties to Tron-centric liquidity concentrate risk. For a fiat stablecoin the entire thesis is trust in the issuer and reserves; TUSD offers real-time visibility but occupies a tier where peg confidence is more fragile than the market leaders. Holders use it mainly as trading collateral, not a store of value. As with all crypto, TrueUSD is volatile and can lose value quickly — do your own research before investing.