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| True USD 
| #TUSD
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| TUSD Price: | $1.00 | | Volume: | $29.1 M | | All Time High: | $1.53 | | Market Cap: | $0.4 B |
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| Circulating Supply: | 377,853,610 |
| Exchanges: | 37
| | Total Supply: | 377,853,610 |
| Markets: | 108
| | Max Supply: | — |
| Pairs: | 98
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The price of #TUSD today is $1.00 USD.
The lowest TUSD price for this period was $0, the highest was $0.997, and the current live price for one TUSD coin is $0.99703.
The all-time high TUSD coin price was $1.53.
Use our custom price calculator to see the hypothetical price of TUSD with market cap of ETH or other crypto coins. |
The code for True USD is #TUSD.
True USD is 5.8 years old. |
The current market capitalization for True USD is $376,729,566.
True USD is ranking upwards to #114 out of all coins, by market cap (and other factors). |
There is a large volume of trading today on #TUSD.
Today's 24-hour trading volume across all exchanges for True USD is $29,091,822. |
| The circulating supply of TUSD is 377,853,610 coins, which is 100% of the total coin supply. |
TUSD is well integrated with many pairings with other cryptocurrencies and is listed on at least 37 crypto exchanges.
View #TUSD trading pairs and crypto exchanges that currently support #TUSD purchase. |
TUSD Monthly Report: September 2023
Data Updates - TUSD’s Circulating Supply: 3,450,310,631 TUSD TUSD’s Dollar Reserves: $3,470,355,189 Ethereum: 712,198,966 TUSD TRON: 2,704,851,828 TUSD BNB Smart Chain (Wrapped): 19,944,535 TUSD Fantom: 470,754 TUSD Polygon: 434,087 TUSD Avalanche Protocol: 2,984,455 TUSD Arbitrum: 185,643 TUSD OP Mainnet (formerly known as Optimism): 17,344 TUSD Cronos: 520,438 TUSD BNB Beacon Chain: 145,015 TUSD BNB Smart Chain (Native): 30,130,363 TUSD (Last updated on September 30, 2023) — Ecosystem Updates - 1. On September 2, Venus included TUSD as collateral for the Venus Core Pool. 2. On September 11, the digital asset management platform Klever Wallet started to support the XRP/TUSD trading pair. 3. On September 11, B2BinPay added TUSD as a settlement currency for merchant clients, supporting networks including Ethereum, TRON, and BSC. 4. On 18 September, TUSD went live on the liquidity aggregation exchange, Orion, with current support for the TUSD/USDT trading pair. 5. On September 21, Maverick launched its Ecosystem Leaderboard, on which TUSD secured its place. 6. On September 28, the Venus protocol voted through the VIP-175 risk parameter adjustments, raising TUSD’s supply and borrowing limit to 5,000,000 and 4,000,000, respectively. — Community Activities - TUSD has become an official diamond sponsor of the Binance Blockchain Week 2023 and will take part in a host of events to be held by Binance in Is... 
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TUSD Monthly Report: August 2023
Data Updates - TUSD’s Circulating Supply: 3,428,661,056 TUSD TUSD’s Dollar Reserves: $3,434,637,816 Ethereum: 725,796,344 TUSD TRON: 2,669,603,875 TUSD BNB Smart Chain (Wrapped): 28,000,000 TUSD Fantom: 470,754 TUSD Polygon: 434,087 TUSD Avalanche Protocol: 2,984,455 TUSD Arbitrum: 185,643 TUSD OP Mainnet (formerly known as Optimism): 17,344 TUSD Cronos: 1,306,124 TUSD BNB Beacon Chain: 145,016 TUSD BNB Smart Chain (Native): 30,131,364 TUSD (Last updated on August 31, 2023) — Ecosystem Updates - 1. On August 1, Binance announced the two latest projects, Sei ($SEI) and CyberConnect ($CYBER), on Binance Launchpool. Users will be able to stake their $TUSD to farm $SEI and $CYBER tokens. 2. On August 4, TUSD became accessible on the crypto payment gateway Alchemy Pay, enabling users to purchase TUSD using fiat currencies from 173 countries. The platform currently supports the ETH and TRON networks. 3. On August 14, the stUSDT platform started supporting TUSD staking. Users can now stake the token through the TRON network, while the Ethereum-based TUSD will soon be supported. 4. On August 22, Binance introduced new trading pairs CYBER/TUSD and SEI/TUSD. 5. On August 24, TUSD was added to crypto wallet Klever Wallet. — Product Updates - 1. TUSD introduced a brand-new domain, app.tusd.io, for its minting and redeeming services on August 11. With this improvement, users can conveniently access their accounts us...
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A Step-by-Step Guide to Minting and Redeeming TUSD on app.tusd.io
Welcome to app.tusd.io, your gateway to seamless TUSD minting and redemption! Whether you’re looking to mint new TUSD or convert them back into fiat, this guide will walk you through the entire process. Minting and redeeming TUSD has never been easier, and with our new app.tusd.io, you’ll be able to navigate through each step with confidence. Let’s dive in and explore how to mint/redeem on app.tusd.io now.
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Creating Your First TUSD Account: A Step-by-Step Sign-Up Tutorial (for company accounts)
In this tutorial, we’ll guide you through the process of signing up TUSD for institutional investors (company accounts) on app.tusd.io Whether you’re new to our community or interested in exploring the features we offer, this step-by-step guide will ensure a smooth registration experience.
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Creating Your First TUSD Account: A Step-by-Step Sign-Up Tutorial (for individuals)
In this tutorial, we’ll guide you through the process of signing up TUSD account on app.tusd.io Whether you’re new to our community or interested in exploring the features we offer, this step-by-step guide will ensure a smooth registration experience.
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TUSD Monthly Report: July 2023
Data updates - TUSD’s Circulating Supply: 3,057,574,848 TUSD TUSD’s Dollar Reserves: $3,063,520,631 Ethereum: 725,912,930 TUSD TRON: 2,298,398,811 TUSD BNB Smart Chain (Wrapped): 28,000,000 TUSD Fantom: 470,754 TUSD Polygon: 465,128 TUSD Avalanche Protocol: 2,986,726 TUSD Arbitrum: 185,643 TUSD OP Mainnet (formerly known as Optimism): 17,344 TUSD Cronos: 1,106,124 TUSD BNB Beacon Chain: 145,016 TUSD BNB Smart Chain (Native): 30,131,365 TUSD — Ecosystem Updates - 1. On July 4, Binance Launchpool began to support mining Pendle with TUSD. 2. On July 26, Blockbank, a DeFi wallet, began to support TRON-based TUSD. 3. On July 29, decentralized exchange AmpleSwap listed TUSD, allowing users to earn AMPLE by staking TUSD-USDT LP. — Product Updates - On July 13, the final stage of TUSD’s international transition commenced. Techteryx would assume full management of all offshore operations and services related to TUSD, including minting and redemption, customer onboarding and compliance, fiat reserve, and supervision of all banking and fiduciary relationships. — Community Activities - 1. On July 10, TUSD joined in celebrating Binance’s sixth anniversary. Participants had a chance to win up to $600 in TUSD. 2. On July 12, Poloniex Earn launched a TUSD Flexible Savings product where users can enjoy an APY of up to 12% by depositing TUSD. 3. On July 20, Binance Academy launched TUSD-themed Learn & Earn, ...
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TrueUSD Announcement
In December 2020, TrueCoin, LLC (a subsidiary of Archblock, Inc.) transferred the business ownership of TrueUSD (“TUSD”) to Techteryx, an Asia-based consortium. Techteryx brings to TUSD significant resources and a vast global network to support the growth of stablecoin and reach new markets. While Techteryx focuses on broadening TUSD use cases in international markets in line with its vision for global expansion, the Archblock team has continued to support the TUSD business with its operations and compliance, as well as oversight of TUSD’s banking and fiduciary partners, following the transfer of ownership in late 2020. Effective July 13, 2023, the final stage of TUSD’s international transition will commence and Techteryx will assume full management of all offshore operations and services related to TUSD, including minting and redemptions, customer onboarding and compliance, as well as fiat reserve and supervision of all banking and fiduciary relationships. Existing US users will continue to be supported by the Archblock team during the transition period, with Techteryx providing necessary assistance, which we will update in line with further developments. Both current and future offshore customers of TUSD will be able to access their TUSD accounts via the TUSD.IO (tusd.io) website, which is under development. We will keep the community updated.
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TUSD Monthly Report: June 2023
TUSD Monthly Report: June 2023 — Data Updates - TUSD Circulating Supply: 3,059,838,623 TUSD TUSD Dollar Reserves: $3,066,535,481 Ethereum: 729,591,343 TUSD TRON: 2,297,017,674 TUSD BNB Smart Chain (Wrapped): 28,000,000 TUSD Fantom: 568,883 TUSD Polygon: 506,384 TUSD Avalanche Protocol: 2,986,726 TUSD Arbitrum: 185,643 TUSD OP Mainnet (formerly known as Optimism): 42,459 TUSD Cronos: 706,124 TUSD BNB Beacon Chain: 145,016 TUSD BNB Smart Chain (Native): 30,097,865 TUSD (Last updated on June 30, please note that except for the TUSD issued on TRON, Ethereum, Avalanche, BNB Smart Chain (Native), and BNB Beacon Chain, TUSD on other networks are all wrapped versions.) — Ecosystem Updates - 1. On June 5, the Web3 shopping platform UQUID added TUSD as a payment option, enabling users to shop using TUSD on the platform. 2. On June 9, TUSD became available on Megaton Finance, the autonomous financial protocol on the TON network. 3. On June 12, Binance started to work on the TUSD contract swap on BNB Smart Chain. After the contract swap is completed, users can swap their old TUSD for new native TUSD via Binance Convert. 4. On June 13, Binance launched its 34th phase of new token mining, supporting BNB and TUSD mining. 5. On June 15, Binance successfully completed the TUSD contract swap on BNB Smart Chain and opened deposits and withdrawals for new TUSD tokens. 6. On June 16, Binance Auto-Invest introduced TUSD as a ...
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TUSD Monthly Report: May 2023
TUSD Circulating Supply: 2,061,151,290 TUSD TUSD Dollar Reserves: $2,054,516,074 Ethereum: 725,078,649 TUSD TRON: 1,325,852,691 TUSD Binance Smart Chain (Wrapped): 28,000,000 TUSD Fantom: 607,159 TUSD Polygon: 567,861 TUSD Avalanche: 3,053,547 TUSD Arbitrum: 206,876 TUSD Optimism: 29,895 TUSD Cronos: 3,156,124 TUSD BNB Beacon Chain: 145,016 TUSD BNB Smart Chain (Native): 129,170 TUSD (Last updated on May 31, 2023) Ecosystem Updates 1. On May 1, Binance Sui LaunchPool allowed users to stake TUSD to farm SUI tokens. 2. Binance listed the SUI/TUSD trading pair in its spot market on May 3. 3. MixPay started to support TUSD for payment, quote, and settlement on May 4. MixPay is a digital payment tool with multi-features such as cross-border payment, integrated payment, and digital wallets. Users can access the bank card services, payment solutions, over-the-counter transactions, deposit & withdraw features, and other functions through the open platform interface of the MIX global payment card. 4. On May 15, TUSD launched a new round of the TUSD-3CRV reward pool on Votium, offering a total reward of 22,000 TUSD to attract votes from vlCVX holders. 5. On May 15, TUSD launched a new round of the TUSDFRAXBP reward pool on Votium, offering a total reward of 2,000 TUSD to attract votes from vlCVX holders. 6. Curve listed the TUSD/crvUSD trading pair in its spot market on May 22. 7. Binance listed the ADA/TUSD, LTC/TUSD, ...
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TUSD Readies Operation Plan for International Transition
TrueUSD announces its intention to implement a plan for the international transition of its management services, reflecting an emerging industry trend of international expansion. Since its inception in 2018, TUSD has led industry innovation in the stablecoin sector with a strong emphasis on client due diligence and regulatory compliance while growing its reserve portfolios in collaboration with a diversified network of financial institutions and fiduciaries. TrueUSD has proven to be one of the most trusted stablecoins during recent market volatility and disruption to the US banking sector. The expansion and transition of TrueUSD’s operations was part of the intention around its acquisition in 2020 and conditions are now appropriate to begin this next phase of portfolio review, consolidation and growth. While TrueUSD remains committed to serving all members of its global community, this announcement signifies TUSD’s effort to further align itself with the development of the stablecoin sector against continued disruptions to the banking system and ongoing regulatory uncertainty.
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 | $3.1 Billion TUSD Stablecoin Shaky, Briefly Depegs—What's Happenin...
TrueUSD (TUSD), a stablecoin with a market cap exceeding $3.1 billion, appears 'shaky' and briefly depegged on November 22, dropping to as low as $0.9976 before restoring its peg. The temporary depeg was attributed to a deluge of selling orders, according to Kaiko, a blockchain analytics firm.
TUSD Briefly Depegs, Large Selling Orders Rolling Through
Riyad Carey, a researcher at Kaiko, noted that large sell orders, including one for $3 million, triggered the turbulence that caused the stablecoin's price to dip below the dollar peg. This brief deviation resulted in users who redeemed TUSD receiving less USD. Ideally, any redemption of a fiat-backed stablecoin should result in a 1:1 reception of the collateral.
The incident highlights the potential impact of large order blocks on liquidity and the potential for slippage. TUSD, theoretically backed by USD and issued by TrustToken, is popular in Binance, an exchange that delisted USDC and 2023.
Because of this limitation, TUSD is one of the most liquid stablecoins paired with leading coins like Bitcoin (BTC). However, despite its popularity, it trails Tether (USDT), the world's largest stablecoin by market cap.
The TEURO Mystery
This depegging occurred a few weeks after tough security questions were raised about TUSD. In mid-October, the minter was forced to disclaim TEURO, a token deployed from the same address, suggesting that private keys associated with TUSD may have been compromised.
Curiously, funds ...
|  | BUSD Falls to Fifth Among Stablecoin Leaders; TUSD and FDUSD Supplies Su...
The stablecoin landscape witnessed a shifting dynamic this week, with the once fourth-largest stablecoin, binance usd (BUSD), relinquishing its position. This change arises from the crypto asset's supply dwindling below the 3 billion mark, while in a surprising twist, the stablecoin trueusd (TUSD) experienced a surge in supply from 2.9 billion to 3.438 billion in three days. These developments unfolded shortly after Binance's announcement of a gradual phase-out plan for the dollar-pegged token BUSD.BUSD Supply Sinks Below the 3 Billion Threshold
Binance usd, abbreviated as BUSD, has fallen below the 3 billion mark, as data from etherscan on September 3, 2023, reveals a decrease in supply to 2.844 billion BUSD. The once-prominent stablecoin issued by Paxos has ceded its standing as the fourth-largest stablecoin, now ranking fifth among the top ten dollar-pegged coins by market valuation. Binance declared three days ago that it would gradually phase out BUSD, discontinuing trading pairs for the stablecoin due to U.S. regulators instructing Paxos to halt token issuance.
While BUSD's supply contracted, two other stablecoins, TUSD and FDUSD, have witnessed growth over the past 72 hours. Notably, nine out of the top ten stablecoins recorded supply reductions last month, with FDUSD expanding by over 40%. Although TUSD's supply contracted by 3.8% in August, it surged from 2.9 billion to the current 3.438 billion TUSD between August 31 and September 3, marking an 18.55% increase over...
|  | TUSD Supply Skyrockets With 1 Billion Injection Amidst Decline in Stable...
Despite the decline in stablecoins due to substantial redemptions, particularly from projects like USDC, DAI, and BUSD, the project TUSD has experienced a notable surge in its supply. TUSD has added more than a billion dollars' worth of tokens to its existing supply. As of the present moment, the market capitalization of TUSD stands at approximately $3.13 billion.TUSD's Supply Spiked 52% on June 16, Rising by a Billion Tokens
In a recent stablecoin update, Bitcoin.com News shed light on the challenging times faced by the dollar-pegged token economy, with significant redemptions causing its market valuation to plummet to its lowest point in 20 months. As of June 19, 2023, the collective market capitalization of the leading stablecoins amounts to $129.99 billion, while these tokens have witnessed global trade volume of $20.84 billion in the past 24 hours.
Notably, three of the top five stablecoins in terms of market capitalization, namely USDC, DAI, and BUSD, have experienced supply reductions ranging from 3.8% to 22% over the past 30 days. TUSD, on the other hand, has witnessed a supply increase of about 53.5% over the past month.
The stablecoin experienced a surge in market valuation on July 16, 2023, reaching $3.11 billion, a substantial jump from the previous day's $2.04 billion. This means that while TUSD grew by 53.5% within 30 days, a single day last Friday accounted for 52% of that increase. According to the smart contract data on Etherscan, the circulating supply of TU...
|  | TUSD Readies Operation Plan for International Transition
[PRESS RELEASE - Singapore, Singapore, May 8th, 2023]
TrueUSD (TUSD), a leading stablecoin provider, announced its intention to implement a plan for the international transition of its management services, reflecting an emerging industry trend of international expansion. Since its inception in 2018, TUSD has led industry innovation in the stablecoin sector with a strong emphasis on client due diligence and regulatory compliance while growing its reserve portfolios in collaboration with a diversified network of financial institutions and fiduciaries. TrueUSD has proven to be one of the most trusted stablecoins during recent market volatility and disruption to the US banking sector.
The expansion and transition of TrueUSD’s operations was part of the intention around its acquisition in 2020 and conditions are now appropriate to begin this next phase of portfolio review, consolidation and growth. While TrueUSD remains committed to serving all members of its global community, this announcement signifies TUSD’s effort to further align itself with the development of the stablecoin sector against continued disruptions to the banking system and ongoing regulatory uncertainty.
About TrueUSD
TrueUSD (TUSD) is the first digital asset with live on-chain attestations by independent third-party institutions and is backed 1:1 with USD. So far, it has been listed on more than 100 trading platforms such as Binance and Huobi, and is live on 10+ mainstream public chains, including E...
|  | Justin Sun Transfers $56.4M TUSD to Binance, CZ Warns Whales Over Misuse...
Tron founder and crypto entrepreneur Justin Sun transferred 56.1 million True USD (TUSD) worth over $56.4 million to crypto exchange Binance on Monday morning, sparking rumors about his intention to farm the just-released Sui (SUI) tokens on the Binance LaunchPool.
Shortly after Whale Alert flagged the transaction, Binance’s CEO Changpeng Zhao (CZ) disclosed that the exchange’s team had warned Sun to refrain from using any part of the TUSD deposit to grab the SUI rewards on the platform.
SUI Farming on Binance LaunchPool
On Sunday, Binance announced that users could farm SUI, the native token of Sui Network, a delegated proof-of-stake (DPoS) layer-1 blockchain based on the move programming language, on its launchpool.
Binance LaunchPool allows traders to stake their crypto assets in liquidity pools of emerging blockchain projects to earn rewards calculated daily. Sui is the 33rd project on the launchpool, and users are allowed to stake their Binance Coin (BNB) and TUSD in separate pools to farm SUI for two days, starting May 1st, 2023
Binance will then list the token on its trading platform across different trading pairs, including SUI/BTC, SUI/USDT, SUI/TUSD, and SUI/BNB, if the token’s liquidity meets the required amount. The exchange also promised investors zero maker fees on the SUI/TUSD trading pair until further notice.
While commenting on Sun’s actions, CZ insisted that the Binance Launchpool is meant as airdrops for the exchange’s retail ...
|  | TUSD Surpasses Tether As Binance's Largest Pair for Bitcoin
TrueUSD (TUSD) has emerged as the fifth largest stablecoin by market cap after Binance began using the token as its dollar-pegged crypto of choice in late February.
Last week, the BTC/TUSD trading pair surpassed 50% of Binance’s Bitcoin trading share, overtaking BTC/USDT.
Is TUSD Tether’s Next Rival?
According to an analysis from crypto market data provider Kaiko on Monday, BTC/TUSD became the largest Bitcoin market on Binance last week following a period of overwhelming dominance by BTC/USDT as recently as last month.
That was fast
It took less than 1 month for BTC-TUSD to become the largest #BTC market on Binance.
The fee-less pair crossed 50% market share for the first time last week, surpassing $USDT. pic.twitter.com/A78COeMO7r
— Kaiko (@KaikoData) April 17, 2023
USDT was launched by Tether back in 2014 as one of the first-dollar-pegged stablecoins, and remains the largest of such tokens by market cap today. Capturing over $80 billion in value as of April 2023, it maintains its peg to the dollar using liquid reserves comprised of both cash and short-term US Treasury bills.
USDT gained significant ground against Circle’s USDC – one of its largest competitors – when Binance replaced the latter cryptocurrency at its exchange with BUSD in September. Tether’s market cap benefitted further after USDC temporarily depegged from the dollar amid the Silicon Valley Bank crisis in March.
However, things took a turn ...
|  | Stablecoin Supply Shift: TUSD Jumps 110% While Others Experience Reducti...
Four stablecoins have reduced their supplies this month, while the stablecoin token TrueUSD (TUSD) has seen its supply jump 110% higher over the last 30 days. TUSD resides natively on four different blockchains. The number of Ethereum-based TUSD rose 27%, while the number of Tron-based TUSD stablecoins increased by 218%.
TUSD Supply Swells, Tron-Issued Stablecoins Rise 218%
In the past month, several stablecoins experienced supply reductions, including usd coin (USDC), binance coin (BUSD), gemini dollar (GUSD), and USDD. Gemini's GUSD led the pack with a 30.5% redemption rate over the last 30 days, while BUSD's supply dipped by 30.1%. Additionally, the crypto community witnessed the USDC depegging event on March 11, 2023. On that day, USDC dropped to a low of $0.877 per coin and remained depegged until the U.S. Federal Reserve announced it would bail out California's Silicon Valley Bank (SVB) and New York's Signature Bank.
On the same day that USDC dropped below the peg, an archive.org snapshot shows that the number of TUSD in circulation was around 1.32 billion tokens. According to the stablecoin's website, the current number of TUSD in circulation is 2.02 billion, meaning that over the last 18 days, the TUSD supply has jumped 53% higher. On Feb. 24, 2023, the number of TUSD in circulation was only 972 million, and a significant number of TUSD tokens have since been minted on the Tron network. The number of Ethereum-based TUSD rose from 558.28 million to the current 711.71 ...
|  | TUSD Leverages Chainlink Proof of Reserve for Real-Time Verification of ...
On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueusd crypto asset has a circulating supply of over 968 million tokens and is the sixth-largest stablecoin by market capitalization.Archblock Uses Chainlink to Verify Reserves Before Minting New TUSD Stablecoins
Archblock, the issuer of the trueusd (TUSD) stablecoin, has announced that it is using Chainlink to verify reserves before minting new TUSD stablecoins. According to the project, it is the first U.S. dollar-backed stablecoin to use proof-of-reserves (POR) technology for real-time on-chain verification of TUSD's offchain reserves.
The POR data feed is a smart contract that automatically checks 'whether the total supply of TUSD would exceed the total amount of U.S. dollars held in reserve before any new stablecoin is minted.' According to a statement by Ryan Christensen, the CEO of Archblock, the firm is looking forward to using Chainlink's POR technology to improve transparency and verifiability.
'As the industry-standard decentralized oracle network, Chainlink helps ensure that TUSD is always collateralized by offchain fiat reserves, furthering TUSD's commitment to trust and transparency,' Christensen said in a statement on Wednesday.
Stablecoins have had a tumultuous past 12 months, to say the least, with Terra's UST imploding, HUSD depegging, and U.S. regulators telling Pax...
|  | Binance Starts Minting True USD (TUSD) as TRU Price Explodes
Binance has started minting True USD (TUSD) in response to a U.S. regulatory crackdown on its own stablecoin BUSD.
On Feb. 16, the world’s largest crypto exchange minted 50 million TUSD, according to blockchain sleuths. True USD was launched in 2018 and listed on Binance in May of that year.
TUSD is the sixth largest stablecoin but a minnow in the ecosystem, however, with a market share of less than 1% from a circulation of $973 million. Since the beginning of this year, TUSD circulating supply has increased by 29%.
50M #TUSD minted at #Binance and the price of $TRU increased by 200%.
On-chain data shows that #Alameda and #justinsun are the two largest minters of $TUSD.#Alameda minted a total of 1.64B $TUSD in history.#justinsun minted a total of 889M $TUSD in history. pic.twitter.com/N1tUjFQm5U
— Lookonchain (@lookonchain) February 16, 2023
Binance Seeks Alternatives
Last week, BUSD issuer Paxos was issued a Wells notice by the SEC, signaling the regulator’s intention to take enforcement action. The New York-regulated firm has since announced that it will halt BUSD minting on Feb. 21.
There was a rush of redemptions following the news, and Binance has now started looking at alternatives. The company did state that its stablecoin was fully backed and will still be supported.
Lookonchain also revealed that Alameda had minded $1.6 billion in TrueUSD, and Justin Sun minted $889 million of the stablecoin in history.
Since the regulatory action against BUSD, it...
|  | Zero USDT, USDC, BUSD, and TUSD Printed in December 2022: Analysis
Stablecoins have continued to play a very critical role in the crypto economy. The ongoing bear market also demonstrated that dollar-pegged coins like USDT and USDC witnessed a parabolic growth in market cap this year.
However, top stablecoin issuers seemingly took a break from printing in December amidst a great deal of market turmoil and increased scrutiny. According to data from the 'Stablecoin Printer,' USDT, USDC, BUSD, and TUSD, have not been printed during the last month of 2022.
In fact, the two-largest stablecoins by market cap have not been printed for the past several months.
USDT was last printed by its issuer, Tether, in May 2022, while USDC's printing continued till June of the same year.
The two tokens have been in a constant battle for dominance, and the de-pegging and the subsequent collapse of Terra ecosystem's now-defunct algorithmic stablecoin - UST - did help in closing the gap between them.
USDT laid low amidst concerns of Terra-induced contagion spread. USDC, on the other hand, saw an increase in consumer confidence. This resulted in 4% growth YTD from $42.9 billion to $44.6 billion.
Market participants ditched USDT for USDC. The latter went on to become the stablecoin of choice on the Ethereum blockchain.
The collapse of Terra left a vacuum in the Cosmos ecosystem, where the algorithmically pegged to the US dollar was used heavily across its interconnected family of blockchains. Stablecoin issuer Circle grabbed the chance to natively launch USDC on Co...
|  | Wazirx Follows in Binance's Footsteps Unlisting USDC, USDP and TUSD
On September 19, WazirX, one of India's leading cryptocurrency exchanges, announced the delisting of Circle's USDC, Paxos' USDP, and TrueUSD (TUSD) stablecoins, effective September 26, following in Binance's footsteps.
According to the statement, USDC, USDP, and TUSD deposits have already been suspended. In addition, users will have to withdraw their funds by October 05, or they will be automatically converted to BUSD —just like Binance did.
'Auto-conversion will be done on or before October 05. After the Auto-Conversion is completed, users will be able to withdraw USDC, USDP, or TUSD at a ratio of 1:1 from their BUSD balances.'
Tether's USDT will still be supported.
WazirX's Goal Is 'To Enhance Liquidity And Capital Efficiency'
According to WazirX, the delisting of USDC, USDP, and TUSD, seeks to enhance liquidity and capital efficiency for users, a claim identical to what Binance made recently when it delisted the same stablecoins.
Like Binance, WazirX ended its statement by indicating that it could include other significant stablecoins. However, the exchange did not provide further information in this regard.
The relationship between Binance and WazirX is tricky. On its official site, WazirX claims it is affiliated with the Binance group, so the decision could be in line with Binance's interests to make BUSD one of the most important stablecoins in the ecosystem, increasing its market capitalization, which is currently around $20.52B.
However, as CryptoPotato recently...
|  | Crypto Veterans Shed Light on CBDC and Stablecoins Including TUSD, Endor...
The renowned documentary series “The Future is Now” has recently shifted its focus to the blockchain industry. The team produced its first-ever crypto-related documentary titled 'Aligning the Future,' shedding light on the development of Bitcoin and other digital currencies across the globe.
The show stars H.E. Justin Sun, TRON founder and the Ambassador and Permanent Representative of Grenada to the WTO, congressman William Soriano from El Salvador, and many other respected crypto leaders, who shared their insights on the future of crypto.
H.E. Justin Sun, TRON founder and the Ambassador and Permanent Representative of Grenada to the WTO
“Eventually we will have three kinds of nations. One kind of nation will still use traditional fiat, but some countries will start to evolve into CBDCs, doing central bank digital currencies. But we will also see some countries like El Salvador and Caribbean countries in the future that might adopt Bitcoin or cryptocurrency as their legal tender or financial settlement infrastructure.” said H.E. Justin Sun when asked about his view of CBDCs (central bank digital currencies) across the globe.
He also added that as a believer in Hayek's theory, he has faith in a currency market that is open to entire competition and embraces all types of currencies. Meanwhile, as a veteran in digital currency, Sun believes that CBDCs can be listed on blockchains, including Ethereum and TRON, in the way that stablecoins such as USDT, TU...
|  | TrueUSD and Balancer Offer Liquidity Providers TUSD and BAL Rewards From...
PRESS RELEASE. Singapore, Singapore / April 4th / – TrueUSD (TUSD) and Balancer (BAL) Automated Market Maker (AMM) partnered up with Polygon to offer liquidity providers with TUSD and BAL rewards from a stablecoin pool incentive program last November. The program incentivizes liquidity providers to add TUSD-DAI-USDC-USDT liquidity to the Polygon ecosystem.
In return for adding liquidity, providers will receive BAL, TUSD, and MATIC, an outstanding opportunity for liquidity providers to gain exposure to three different assets while providing liquidity to the ecosystem. The program is live on-chain and is open to all.
TrueUSD and Balancer (Polygon) are very popular among investors searching for a safe DeFi investment that has generated considerable interest in the crypto communities. This pool's TVL rose as high as $116.9 million, prompting excitement from all corners of the crypto community. All MATIC rewards were paid out in early 2022, while liquidity bonuses in TUSD and BAL were maintained.
(Source: polygon.balancer.fi, 2022.3.30)
The market for stablecoins has exponentially evolved in the last year, with its value reaching nearly $200 billion. TUSD, the first regulated stablecoin fully backed by the US Dollar, independently verified on-chain, has earned trust from customers for its safety and transparency. Its market capitalization now totals nearly $1.5 billion, putting it fourth among stablecoin peers after USDT, USDC, and BUSD.
TrueUSD has established partnerships...
|  | TrueUSD and Balancer Offer LPs TUSD and BAL Rewards from Stablecoin Pool...
[PRESS RELEASE - Please Read Disclaimer]
Singapore, Singapore / Mar 31 / – TrueUSD (TUSD) and Balancer (BAL) Automated Market Maker (AMM) partnered up with Polygon to offer liquidity providers with TUSD and BAL rewards from a stablecoin pool incentive program last November. The program incentivizes liquidity providers to add TUSD-DAI-USDC-USDT liquidity to the Polygon ecosystem.
In return for adding liquidity, providers will receive BAL, TUSD, and MATIC, an outstanding opportunity for liquidity providers to gain exposure to three different assets while providing liquidity to the ecosystem. The program is live on-chain and is open to all.
TrueUSD and Balancer (Polygon) are very popular among investors searching for a safe DeFi investment that has generated considerable interest in the crypto communities. This pool's TVL rose as high as $116.9 million, prompting excitement from all corners of the crypto community. All MATIC rewards were paid out in early 2022, while liquidity bonuses in TUSD and BAL were maintained.
The market for stablecoins has exponentially evolved in the last year, with its value reaching nearly $200 billion. TUSD, the first regulated stablecoin fully backed by the US Dollar, independently verified on-chain, has earned trust from customers for its safety and transparency. Its market capitalization now totals nearly $1.5 billion, putting it fourth among stablecoin peers after USDT, USDC, and BUSD.
TrueUSD has established partnerships and collaborations...
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