The TrueUSD digital currency (TUSD) is a stablecoin pegged to the US dollar. It was first launched to a limited base of investors in January 2018, and has since grown to include nearly $400 million in backed digital currencies as of October 2020.
It is one of several stablecoins managed by TrustToken, a platform for tokenizing real-world assets.
Like other stablecoins, TrueUSD aims to facilitate increased liquidity and provide digital currency traders and the general public with stable assets compared to free-floating currencies like Bitcoin.
