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TrueUSD

Curated by Signal

Fiat-backed stablecoin ensuring stability and transparency in transactions.

Overview

TrueUSD is a fiat-backed stablecoin that is pegged to the US Dollar. It aims to provide stability and transparency within the digital currency sector. The primary product, TrueUSD (TUSD), is utilized for various financial applications, including trading and transfers. TrueUSD targets a range of users, including individuals, traders, investors, and organizations, and seeks to mitigate the volatility commonly associated with cryptocurrencies by maintaining a stable price peg. The platform employs real-time attestations from independent third-party institutions to verify its reserves, which is intended to enhance transparency. TrueUSD is available on over 100 cryptocurrency exchanges and DeFi protocols, facilitating transactions and liquidity for users in the global financial system.

Key facts

Founded
2017

Business model

Contact

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About TrueUSD

What does TrueUSD do?

TrueUSD is a fiat-backed stablecoin that is pegged to the US Dollar.

Where is TrueUSD headquartered?

TrueUSD is headquartered in San Francisco, United States.

When was TrueUSD founded?

TrueUSD was founded in 2017.

Which sector is TrueUSD in?

TrueUSD operates in Decentralized Finance, part of Financial Technology.

Who are TrueUSD's competitors?

Companies similar to TrueUSD include Tether, Techemynt, and USD Tez.