TrueUSD (TUSD) is not tradable on Coinbase.
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
TrueUSD is on the rise this week. ↗
The price of TrueUSD has decreased by 0.01% in the last hour and decreased by 0.01% in the past 24 hours. TrueUSD’s price has also risen by 0.08% in the past week. The current price is $1.00 per TUSD with a 24-hour trading volume of $53.98M. Currently, TrueUSD is valued at 26.82% below its all time high of $1.36. This all-time high was the highest price paid for TrueUSD since its launch.
The current circulating supply of TrueUSD is 495,516,083 TUSD which means that TrueUSD has as total market cap of $494,710,337.86.
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
$494,710,337.86
Circulating
$495,516,083.00
Max Supply
Data unavailable
Volume (24h)
$53,983,281.12
↘ 2.69%
Volume (30D)
$1,507,836,366.26
Volume (7D)
$347,871,746.55
All time high
$1.36
↘ 38.31%
Performance (1Y)
↘ 0.16%
Vs. Market (1Y)
↘ 22.59%
Vs. BTC (1Y)
↘ 33.22%
Vs. ETH (1Y)
↗ 80.56%
Diluted valuation
$494,839,703.00
TUSD is the first digital asset with live on-chain attestations by independent third-party institutions and is backed 1:1 with the U.S. dollar (USD). So far, it has been listed on more than 100 trading platforms such as Binance and Huobi and is live on 12 mainstream public chains, including Ethereum, TRON, Avalanche, BSC, Fantom, and Polygon. TrueUSD is attested to in real-time by an independent, industry-specialized accounting firm in the U.S., to ensure the 1:1 ratio of its USD reserve to the circulating token supply and the 100% collateral rate. With the integration of Chainlink PoR, TrueUSD becomes the first USD-Backed stablecoin to secure minting and further ensure transparency and reliability. Users can access the relevant data via the official website tusd.io at any time. TUSD is granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica, a country in the Caribbean, effective on October 7th 2022.
Networks and tags
store-of-value
stablecoin
asset-backed-stablecoin
usd-stablecoin
fiat-stablecoin
TrueUSD (TUSD) is a fiat-backed stablecoin designed to maintain a 1:1 ratio with the U.S. dollar (USD). It distinguishes itself as the first digital asset to implement live, on-chain attestations by independent third-party institutions, ensuring transparency and verifying that its USD reserves match the circulating token supply. These attestations are conducted in real-time by a specialized accounting firm based in the U.S. TrueUSD also integrates Chainlink Proof of Reserve technology, further enhancing transparency and reliability. As of March 2023, approximately 2 billion TUSD were in circulation, with its supply expanding based on market demand.
TrueUSD operates by maintaining a direct 1:1 peg with the U.S. dollar, achieved through real-time attestations from independent third-party institutions. These attestations are conducted by a U.S.-based accounting firm specializing in verifying that the USD reserves match the number of TUSD tokens in circulation. Additionally, Chainlink Proof of Reserve is integrated to secure the minting process and further ensure transparency. As an ERC-20 token, TUSD relies on the Ethereum blockchain, and its transaction fees are subject to fluctuations in Ethereum gas prices, which can impact transaction costs during periods of network congestion.
TrueUSD serves as a reliable, transparent stablecoin with multiple applications in the digital finance ecosystem. It offers users a stable medium for trading, transferring, and storing value without the volatility associated with other cryptocurrencies. TUSD can facilitate seamless transactions in decentralized finance (DeFi), provide liquidity for exchanges, and enable efficient market participation. The absence of minting and redemption fees makes TUSD a cost-effective option for users seeking stable and transparent digital assets. It also serves as a flexible tool for hedging against market volatility and participating in cross-border transactions.
TrueUSD was launched by TrustToken with the goal of making finance more transparent and accessible. It became the first USD-pegged stablecoin to implement real-time attestations for its reserves, verified by independent third-party institutions. Over time, TrueUSD expanded its reach, becoming available on multiple public blockchains, including Ethereum, TRON, Avalanche, BSC, Fantom, and Polygon. In October 2022, TrueUSD achieved a significant milestone by being recognized as a digital currency in the Commonwealth of Dominica, reflecting its growing acceptance and credibility within the global financial ecosystem.
We update our TrueUSD to USD currency in real-time. Get the live price of TrueUSD on Coinbase.
The current market cap of TrueUSD is $494.71M. A high market cap implies that the asset is highly valued by the market.
The all-time high of TrueUSD is $1.36. This all-time high is highest price paid for TrueUSD since it was launched.
Over the last 24 hours, the trading volume of TrueUSD is $53.98M.
Assets that have a similar market cap to TrueUSD include Reserve Rights, Kava, MANTRA DAO, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of TrueUSD is 496 million.
Date | Price | Change |
|---|---|---|
Today (April 27, 2025) | $1.00 | -0.04% |
24 hours ago (April 26, 2025) | $1.00 | -0.01% |
1 week ago (April 20, 2025) | $1.00 | +0.08% |
1 month ago (March 27, 2025) | $1.00 | -0.07% |
1 year ago | $1.00 | -0.15% |
Earn $50 when you buy $50 in crypto
The Block • Apr 15, 25
Standard Chartered expects stablecoin supply to surge to $2 trillion by 2028
Potential stablecoin legislation in the U.S. could drive a nearly 10x increase in stablecoin supply by 2028, according to Standard Chartered.
Read more
CoinDesk • Apr 15, 25
Stablecoin Market Could Grow to $2T by End-2028: Standard Chartered
The passage of the Genius Act in the U.S., expected in coming months, will further legitimize the stablecoin industry, the report said.
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The Block • Apr 08, 25
Justin Sun says he ‘welcomes’ legal action from First Digital over stablecoin dispute
Sun claimed that First Digital Trust misappropriated $465 million worth of TrueUSD stablecoin reserves, which is being denied by FDT.
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CoinDesk • Apr 07, 25
Can Non-USD Stablecoins Compete?
Most stablecoins, including the two clear market leaders, are dollar-based. Michael Egorov, founder of decentralized exchange Curve Finance, asks if stablecoins based in other currencies can gain traction.
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BeInCrypto • Apr 07, 25
The Ultraman of Crypto vs. Financial Godzilla: Justin Sun, the Watchman of Web3
Justin Sun once again set the crypto world abuzz. As reported by CoinDesk, Sun stepped in with a critical injection of liquidity to support TrueUSD (TUSD) amid a staggering $456 million reserve gap—averting a potential depegging crisis that could have rocked the stablecoin ecosystem. “Godzilla wa...
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The Block • Apr 06, 25
The Funding: Why stablecoins are a top bet for crypto VCs
Stablecoins are one of crypto's clearest success stories — and VCs are treating them as a serious long-term bet. Here’s why.
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