TrueUSD

TrueUSD (TUSD)

Full information about TrueUSD (TUSD). Current TrueUSD price in SGD, TUSD open/close rates, TrueUSD history charts, TrueUSD market capitalization and volume.

1 TUSD = 1.30 $ Singapore Dollar (SGD)
0.9978263 SGD

Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago 1 USD = 1.299704 SGD

During last hour the price of MNEE (MNEE) has moved by arrow_downward-0.090 %. The highest price was . The lowest price - . During last day MNEE price has moved by arrow_downward-0.030 %. Trading starts from . During yesterday the highest price was and the lowest price was . Trading closed with the price . One year ago price of MNEE was and during this time before today the lowest price fixed on and the highest price fixed on . The maximum price of MNEE was
General information
Global rank:125
Name: TrueUSD TrueUSD
Symbol:TUSD
Current coin price (SGD):1.30 $
Last hour:arrow_upward0.000000 %
Last 24 hours:arrow_downward-0.060 %
Last 7 days:-0.120 %trending_down
Capitalisation (SGD):642 735 140.62 $
Volume 24h (SGD):43 545 785.80 $
Available supply:495 601 553.00 TUSD
Total coin supply:102 736 868.02 TUSD
Start date:31/03/2018
Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago
Line
Candle
OHLC
USDEURCADGBPCHFJPYZAR
JavaScript chart by amCharts 3.20.16Value$0.9988
JavaScript chart by amCharts 3.20.16Apr 05Apr 07Apr 09Apr 11Apr 13Apr 15Apr 17Apr 19Apr 21Apr 23Apr 25Apr 27Apr 29MayMay 030.9960.9970.9980.9991.000
JavaScript chart by amCharts 3.20.16Volume$1,877.81
JavaScript chart by amCharts 3.20.16Apr 05Apr 07Apr 09Apr 11Apr 13Apr 15Apr 17Apr 19Apr 21Apr 23Apr 25Apr 27Apr 29MayMay 030100,000
JavaScript chart by amCharts 3.20.16Apr 05Apr 07Apr 09Apr 11Apr 13Apr 15Apr 17Apr 19Apr 21Apr 23Apr 25Apr 27Apr 29MayMay 03

Trading information

Today Last week Last month Last year All time
Open: -
High:
Low:
Close: -

TrueUSD/Singapore Dollar (TUSD/SGD) price chart

TrueUSD/Singapore Dollar (TUSD/SGD) capitalisation and volume charts

TrueUSD, part of the TrustToken asset tokenization platform, is a blockchain-based stablecoin pegged to the value of USD. In the TrueUSD system, U.S Dollars are held in the bank accounts of multiple trust companies that have signed escrow agreements, rather than in a bank account controlled by a single company. The contents of said bank accounts are published every day and are subject to monthly audits. 

If someone wants to obtain TrueUSD through the online application, they will need to pass a KYC/AML check. Once that’s complete, they can send USD to one of TrueUSD’s trust company partners. Once the funds are verified by the trust company, their API will instruct the TrueUSD smart contract to issue tokens on a 1 to 1 ratio and to send them to the Ethereum address associated with the account at hand.

Once in the wallet, the tokens can be transferred to a friend or used as payment, combining the advantages of fiat (stability and trust) with those of cryptocurrencies (reduced fees and transfer times). The user can also redeem real US Dollars by sending the TUSD tokens back to the smart contract address, which will notify the trust company, and initiate a bank transfer to the user’s account.