True USD Price for today is $0.9999992416. Its current circulating supply is TUSD 221,704,166 with a market cap of $221,703,997.
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Currently, True USD (TUSD) is trading at $1.0000 with TUSD price 0.28% down today. The market cap of True USD is USD 221,703,997 with 221,704,166 tusd circulating currently. The 24-hour price movement chart indicates that $288,141,525 worth of TUSD were trading. The price peaked to $1.0280 in the last 24 hours while the lowest price was $1.0065.
As the name suggests, True USD is a stable coin that can be redeemed for the US Dollar. True USD value can be exchanged 1:1 for the USD. True USD price prediction suggest that the True USD price is up for a long-term 107.600157% in the TUSD price value with a 5-year investment. This means that in the year 2023, the True USD price is forecasted to stand at $2.076 . You can keep track of True USD’s progress by adding it to your wallet portfolio.
TUSD price predictions indicate that it is a good choice for those looking at a safe investment. After analysing the past, one can say that it is almost free from fluctuation, unlike most currencies which are highly volatile. CoinSwitch provides a seamless experience when it comes to exchanging digital currencies online. The dashboard shows real-time and accurate TUSD coin prices.
With additional tools like TUSD price charts, 24-hour volume, market capitalisation and total supply, you can make informed decisions. CoinSwitch aggregates and shows best TUSD coin price from top exchanges like Bittrex, Shapeshift, Kucoin and Changelly.
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Founded in September 2017, TUSD company launched a digital token to overcome the misappropriations underlying the USD; this would assist traders and people in business all over the globe to make payments. True USD exchange into USD can be done by thorough verification checks like KYC/AML. To redeem, there must be a minimum amount of 10,000 USD in your wallet. This restriction is for institutions; the company is looking at lowering the bar to suit individuals.
CoinSwitch, largest cryptocurrency exchange helps you find excellent prices to buy TUSD coin and sell TUSD coin after summation from multiple platforms. When you convert TUSD, there are deals from over 45000 markets. It is one of the most trusted cryptocurrency exchanges. With CoinSwitch, there is no need to rely on an external wallet. You can simply buy True USD coins and store it in your personal wallet.
CoinSwitch is a place where buyers and sellers trade cryptocurrency without worrying about the safety of transactions; therefore, when you convert True USD full order tracking details are provided to keep you updated at all times.
It is the first asset token by the company Trust Token which aims at efficient global trade across all markets. TUSD cryptocurrency has multiple trust companies that verify all purchases and send a smart contract; this makes sure that your crypto has legal backing. TUSD can also be used as an alternative for traditional purchase methods. It promotes mainstream commerce like online payment and salary because of its stable price.
TUSD is also suitable for financial services and crypto traders. The token holders need to have mandatory escrow accounts. These accounts are widely used for asset management over the internet. The third-party account makes sure there is no interference from Trust Token. TUSD is mined in such a way that 1 USD always backs it. TUSD ensures low transactional fees and is regularly scrutinised. It can be concluded that efforts have been made to ensure True USD is secure, independent and trustworthy.
If you are new to crypto trading, it's always advisable to learn about, what is True USD, it's benefits and indicative return on investment.