TrueUSD is a Stablecoin. The original software was first released January 25th, 2018. Nowadays the cryptocurrency is managed by the TrustToken, an organization based in the US. The official TrueUSD website is https://www.trusttoken.com.
As of today, February 6th, 2023, out of totally available 948,552,795 TUSD, 948,552,795 are in circulation. It's not possible to mine trueusds. The total market capitalization of trueusd is $948,136,221, the rank among other cryptocurrencies (based on the capitalization) is #54. The current rate of 1 TUSD is $1.0 USD.
TrueUSD is the first regulated stablecoin fully backed by the US Dollar which value is pegged to USD; it's an ERC-20 token utilizing Ethereum Blockchain. Trust protocol powering TrueUSD and alternatives: TrueGBP backed by Great Britain Pound, TrueAUD stabilized by Australian Dollar, TrueCAD pegged to Canadian Dollar and TrueHKD = 1 Hong Kong Dollar, was developed by the TrustToken, US company from San Francisco Bay, California. The founding team members are experienced in IT and Finance who has worked with Google, PwC, UC Berkeley, etc.; the trust companies (escrows, who actually issue/redeem the tokens) are well-known firms like Alliance Trust Company of Nevada, Prime Trust, etc. with correspondent banking relationships include US Bank, Alliance Bank, Mercantile Bank, and others.
Any person is able to purchase or withdraw the tokens directly after going through the KYC/AML check. The system is designed so that the technology provider never touch the funds, users send the funds directly to the trust companies. The escrow account holdings are published regularly and are subject to ongoing professional attestations; the audit is realized by independent company Cohen & Co, the top 50 accounting firm with expertise in cryptocurrency.
TrueUSD is currently supported by 40% of exchanges (6 of 15) currently having active orders at ExchangeRates.Pro: 3 Exchange Brokers, 3 Trading Platforms have offers, allowing you to buy and sell TUSD. Let's check and compare which of these exchanges will suit you the best, dear visitor!
There are some worthy and undoubtedly good, trusted exchanges among the ones with TUSD support. One of them, CEX trading platform, is really special! Our visitors and the ranking algorithms came to this conclusion while comparing and reviewing the websites and apps exchanging TrueUSD. The service is extraordinarily fine, very few of the rest 331 exchanges and 15 trading platform sites we compare could receive such kind words in the testimonials and so impressive numbers in the results. It's so good that we feel obliged to share our experience with you, dear guest! Let's mention the key fact and describe the most important features making CEX an ideal trading platform for buying, selling and exchanging TUSD in United States:
CEX is a Trading Platform; CEX.IO LTD (dba CEX) had started the project back in July 2014. The company is incorporated in the United Kingdom and headquartered in London. The official street address of CEX is 24th Floor One Canada Square, Canary Wharf London E14 5AB. The operational entity is a registered, regulated and licensed financial company. License granted by the FinCEN, the Firm is holding the Money Transmission license. FINCEN registration number 31000176194955. This is a highly trusted, undoubtedly a reputable, a long-standing, settled service. Trading Platform works with 31 cryptocurrencies and tokens: AAVE, ADA, BCHABC, BNB, BTC, BUSD, DAI, DASH, DOGE, DOT, ETH, FIL, ICP, KSM, LINK, LTC, MATIC, NEO, OMG, SOL, SUSHI, TRX, TUSD, UNI, USDC, USDT, VET, WBTC, XLM, XRP, ZRX.
The customers are welcome to buy and sell coins and tokens with 3 national aka fiat currencies: EUR, GBP, USD. Totally 8 payment systems and banks are at your's disposal. Besides, we can swap the cryptos and tokens, converting one into another. Apart from the currencies conversion operations, cex.io is offering some other services, that could be interesting for crypto-users, like Lending, Margin Trading, Faucets (small amounts of cryptos for free), Staking, MasterNodes, etc. (passive income opportunity). Impressive, right? The features that our users enjoy the most out of this wonderful platform:
CEX currently provides 6 ways of purchase and sale TrueUSDs in United States with the national currencies and the most exciting news are that the payments in US Dollars are possible:
Sweet! Buying and selling with fiat aside, there are 10 cryptocoins and tokens exchangeable with TUSD: BCHABC, DASH, ETH, LTC, OMG, TRX, USDT, WBTC, XLM, XRP can be converted to TrueUSD and vice versa any time you please.
People love this Trading Platform; our ranking algorithms also came up with a high score. Hence we award CEX with a special status: the best Trading Platform worldwide! A magnificent outcome and it's fairly earned; it says a lot bearing in mind that we rate and compare 332 exchange websites and apps! The outline is that cex.io is truly remarkable service with reference to safety, reliability, reputation, etc., all over... We are confident, you won't have any regrets choosing this one!
Although all the exchanges supported by ExchangeRates.Pro are well-known, reliable, and trustworthy (all were thoroughly checked by our staff before listing), we've selected the best of the best for you. Exchanges that were top-rated by various sources, some are providing really outstanding service you'd love and remember. We (staff and the software) selected some of the most trusted platforms for our comparison and this top list, based on customers' feedback, time in the business, reputation, our own and independent reviews and other factors. Please note that we include only the "buy and sell" exchanges here, where you can swap tusd with fiat (national) currencies. Here are the top exchanges to buy and sell trueusds in United States:
Are you looking for the best place to buy trueusds? Of course, you are! Our price comparison of exchanges is here to help, although the easiest way is to check the best offers right away @ ExchangeRates.Pro, feel free to compare yourself. Let us show you what banks and payment systems you can use to buy and sell TUSD, based on your location and preferences.
At this moment, there are 3 offers to buy TrueUSD in United States. Our software is collecting the statistics about the popularity of specific local banks and payment systems. Usually, the top ones that are the most popular are also very convenient. Otherwise, why would these become so popular? You can choose any of these right away, please be our guest:
We've compared a lot of offers to find the top ones; right now we have 3 ways for you to purchase trueusd available worldwide. Enough to choose from, right? Please keep in mind that not all of these may be possible to pay with US Dollar, the ones that will surely be good for the domestic currency are a little bit above. The top popular ways to purchase TUSD crypto:
Even the greatest TUSD HODL GANG members sometimes have to sell some of their precious coins. It's alright, everyone does it sometimes and we are here to help! We know you want to find the buyer which will give you the highest price, there are such ones at our platform — check ExchangeRates.Pro now to find the highest rate to sell trueusds to US Dollar and 152 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.
There are currently 3 opportunities to cash out your trueusd coins in US. You'd likely need to out-exchange the crypto to pay for some local expenses, shopping, etc. It's reasonable to choose the safest and most comfortable option — a local bank you are using, your preferred payment system or cash in your city. Here is our top list of the ways other people in United States prefer to exchange trueusd to fiat:
Sometimes you may need to transfer the money to another country. If you are holding TUSD, it makes sense to exchange some of these coins to the currency of that country. We can't know where exactly you would like to send the funds, so we will show you the most requested banks and payment systems worldwide you can send the transfer to. There are totally 3 options to out-exchange the tusd to fiat; the most frequently used banks, money transfer operators and global payment systems are:
Did you know that it's possible to exchange TUSD to 47 other cryptocurrencies? It's possible to convert TrueUSD to/from 96% of crypto coins supported @ ExchangeRates.Pro. Some of these are really great ones (we don't list useless coins and tokens at our website), that's why we've prepared a list of exchange opportunities available. There are totally 149 swap possibilities with TUSD and other coins and tokens. Coin to coin exchanges are safe, easy and beneficial when you are using our service, don't worry! Feel free to get all the best rates to swap TUSD with other cryptos @ ExchangeRates.Pro right away or refer to the list of most highly demanded exchange directions first: