TrueUSD (TUSD)
A Stablecoin Fully Backed By The US Dollar.- True USD (TUSD) is a stablecoin fully backed by the US dollar and developed by Trust Token. It was designed to be "the first regulated stablecoin fully backed by the US Dollar."
- TUSD can always be redeemed 1:1 to US dollar in one-click. Funds (for collateral) are held in segregated bank accounts, that are monitored and audited by third-parties.
- True USD runs on the Ethereum blockchain and the Binance Chain. Unlike most stablecoins, TUSD is not tied to any crypto-exchange.
- True USD was the second stablecoin to reach a supply of more than 100 million and has been supported by a wide variety of exchanges in the industry.