Turbo USD

TUSD

#9455

$0.993009 ▲ 0%

1.0000 TUSD ≈ USD

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Market Cap $11,402

Fully Diluted Valuation $11,402

24h Vol $2

Circulating Supply

11,482 TUSD

Total Supply 11,482

Info

Website

www.trueusd.com

Community

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API ID

turbo-usd

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Turbo USD Price Chart (TUSD/USD)

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About Turbo USD

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.

Turbo USD (TUSD) Statistics & Facts

What is the daily trading volume of Turbo USD (TUSD)?

The trading volume of Turbo USD (TUSD) is $2.00 in the last 24 hours, with stable market activity.

What is the highest and lowest price for Turbo USD (TUSD)?

Turbo USD (TUSD) reached an all-time high of $0.00 and an all-time low of $0.00 . It's now trading 0.00% above that peak and 0.00% above its lowest price.

What is the market cap of Turbo USD (TUSD)?

Market capitalization of Turbo USD (TUSD) is $11,402 and is ranked #9455 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of TUSD tokens (11,482 tokens are tradable on the market today).

What is the fully diluted valuation of Turbo USD (TUSD)?

The fully diluted valuation (FDV) of Turbo USD (TUSD) is $11,402. This is a statistical representation of the maximum market cap, assuming the maximum number of 11,482 TUSD tokens are in circulation today. Depending on how the emission schedule of TUSD tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Turbo USD compare against its peers?

With a price increase of 0.00% in the last 7 days, Turbo USD (TUSD) is underperforming the global cryptocurrency market which is up 5.1%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 4.1%.

What is the circulating supply of Turbo USD (TUSD)?

The circulating supply of Turbo USD (TUSD) is 11,482 TUSD tokens, which represents 100.00% of the total supply of 11,482 tokens.

Where can I buy Turbo USD (TUSD)?

You can buy Turbo USD (TUSD) on various cryptocurrency exchanges. The most popular exchanges for trading TUSD are typically centralized exchanges (CEX) like Binance, Coinbase, and Kraken, as well as decentralized exchanges (DEX). Always ensure you're using a reputable exchange and enable two-factor authentication for security.