TrueUSD

TrueUSD Price

tusd

$0.998661
bybit ups
+0.09%
24H
7D
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60D
200D
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$--
High
$--
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Last updated: 2025-04-06 02:00:58

Price Statistics

Market Cap
494.29M
24H Volume
12.43M
All-Time High
1.62
Circulating Supply
495.52M

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Trade on Our Spot Market

Buy and sell crypto with real-time Spot prices—zero delays.

Trade in our Spot Market
Trade

Convert Your Crypto

Convert crypto at zero cost—fast, secure, and easy.

Convert Your Crypto
Convert

Earn Crypto Passively

Earn passive rewards—simply deposit your funds and watch them grow.

Earn Crypto Passively
Earn

Crypto Pre-Market Listings

Get early access to new tokens—trade them before they’re officially listed.

Crypto Pre-market Listings
Trade Now

Trade on Our Spot Market

Buy and sell crypto with real-time Spot prices—zero delays.

Trade in our Spot Market
Trade

Convert Your Crypto

Convert crypto at zero cost—fast, secure, and easy.

Convert Your Crypto
Convert

Earn Crypto Passively

Earn passive rewards—simply deposit your funds and watch them grow.

Earn Crypto Passively
Earn

Crypto Pre-Market Listings

Get early access to new tokens—trade them before they’re officially listed.

Crypto Pre-market Listings
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1 TUSD to Local Currency

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TUSD to EUR

€ 0.91
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TUSD to JPY

¥ 146.84167481369943
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TUSD to INR

₹ 85.40
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TUSD to ILS

₪ 3.73
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TUSD to CZK

Kč 23.02
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TUSD to GBP

£ 0.77
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TUSD to AUD

$ 1.65
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TUSD to HUF

Ft 369.43403985525623
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TUSD to AED

د.إ 3.66
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TUSD to HKD

$ 7.76

Price History (USD)

TUSD Live Price Summary

As of Apr 6, 2025, the global cryptocurrency market cap is $494.29M with a -0.01% change in the last 24 hours. Today's price of TUSD is $0.998661, with a 24-hour trading volume of $12.43M. TUSD is +0.09% in the last 24 hours, with a circulating supply of 495.52M TUSD coins and a maximum supply of -- TUSD coins. TUSD ranks 134 by market cap. It has a 24H high of $0.999772 recorded on Apr 6, 2025, and its 24H low so far is $0.996468, recorded on Apr 6, 2025.

What Is the Highest Price of TUSD?

TUSD has an all-time high (ATH) of $1.62 , recorded on Aug 26, 2018.

What Is the Lowest Price of TUSD?

TUSD has an all-time low (ATL) of $0.88355, recorded on Mar 12, 2020.

About TrueUSD (TUSD)

What Is TrueUSD (TUSD)?

TrueUSD is a stablecoin pegged 1:1 to the U.S. dollar, maintaining a value of $1.00 per token. TUSD runs on the Ethereum blockchain.

TrueUSD is entirely collateralized by fiat currency. An independent third-party institution manages live on-chain attestations to ensure TUSD always remains accurately matched to the dollar’s value. With the integration of Chainlink Proof of Reserve, TUSD has become the first USD-backed stablecoin fully licensed and regulated within the United States. 

When you buy TUSD through the TrustToken platform that produces it, a smart contract automatically places your U.S. dollars in a bank and generates the equivalent amount of TUSD. When you redeem TUSD through TrustToken, their smart contract burns the tokens and credits your account with the appropriate amount of TUSD. There are no fees associated with these transactions, so you always get exactly the amount of money you paid for.

What Is the TrustToken Platform?

TrustToken is the platform behind TUSD. It also provides multiple other stablecoins, based on currencies like the Canadian dollar, British pound and Hong Kong dollar. TrustToken's mission is to provide users with fully transparent, completely collateralized stablecoins.

The TrustToken team includes employees from Stanford, UC Berkeley, Google and other impressive organizations. It was founded by Jai An, Rafael Cosman, Stephen Kade and Tory Reiss. They focus on stablecoin cryptos to create a global trade market with equal access to financial opportunities.

What Are TUSD Coins Used For?

 TUSD coins have many uses, including:

  • Sending and receiving funds internationally

  • Using stable currencies for trade in developing economies

  • Funding crypto trading accounts with less volatility and fewer fluctuations in value before you make your trades

  • Conveniently processing everyday transactions through a decentralized network

  • Creating smart contracts to manage long-term agreements, like loans or salaries

What Makes TUSD Unique?

There are a lot of stablecoins with similar designs, but the TUSD stablecoin stands out for several reasons. It's known for being particularly transparent and reliable. Compared to the widely popular USDT, partially backed by gold and other cryptos, TUSD is a little more stable because it’s entirely fiat-backed.

Unlike other stablecoins, no coded algorithms or hidden bank organizations are involved. Instead, TUSD's collateral is managed by unbiased trusts that hold bank accounts with all the money that backs TUSD and publish their holdings reports daily. They also undergo independent audits each month to keep things aboveboard. 

How Many TUSD Coins Are in Circulation?

As of March 2023, TUSD with a market cap of $1.9 billion. There is no maximum supply of TUSD. Since it's automatically generated when you purchase TUSD through TrustToken Platform, there could be an infinite supply of TUSD.

Is TUSD a Good Stablecoin?

Though stablecoins might all have almost identical prices, there will still be price discrepancies from one exchange to another. TUSD is carefully designed to minimize the risks and problems of other stablecoins. 

The coin is fully backed by liquid fiat currency, so unlike Tether, there’s no risk of TUSD users rushing to redeem their coins and exceeding the platform's liquid reserves. Other perks include its completely transparent operational system and lack of gas fees. Compared to other stablecoins, TUSD's only major con is its redemption minimum. You can only redeem TUSD from TrustToken once you have at least $1,000 worth of TUSD.

Ultimately, all of these perks make TUSD one of the best stablecoin options on the market. With so many advantages for users, it's no surprise that more and more people are switching from USDT to the TUSD stablecoin.

Learn more: Is TUSD stablecoin truly stable?

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Frequently Asked Questions (FAQ)

How much is TrueUSD today?

As of Apr 6, 2025, the current trading price of TrueUSD (TUSD) is $0.998661. Over the past 24 hours, the price has ranged between a low of $0.996468 and a high of $0.999772, accompanied by a trading volume of $12.43M. The overall market capitalization is $494.29M, positioning it at rank #134 among other cryptocurrencies.

How much is one TrueUSD ?

At this moment, one unit of TrueUSD is valued at $0.998661. Please note that due to market fluctuations, this price may vary throughout the day.

How to invest in TrueUSD ?

Investing in TrueUSD begins with comprehensive research into its market performance and potential risks. Start by reviewing its current price of $0.998661, along with its recent 24-hour trading range—from $0.996468 to $0.999772—and its overall market cap of $494.29M. To get started, create a Bybit account, complete Identity Verification Lv. 1, and then deposit funds either via fiat or by transferring another cryptocurrency. After your account is set up and funded, you can navigate to the Bybit trading interface where you can place an order for TrueUSD. Finally, consider transferring your coins to a secure wallet to ensure their safety.

Where to buy TrueUSD?

To purchase TrueUSD on Bybit. You can easily sign up, fund your Bybit account, and start trading, making it easy for both beginners and experienced traders to buy cryptocurrencies. Alternatively, you can just click on the buy/trade button above.

How to buy TrueUSD?

To buy TrueUSD on Bybit, start by signing up for an account on the Bybit platform and completing Identity Verification Lv. 1 to comply with KYC requirements. After your account is verified, deposit funds using your preferred method—Bybit supports both fiat deposits (depending on your region) and cryptocurrency transfers. With funds in your account, navigate to the trading section where you can search for TrueUSD (often listed under its symbol, TUSD). You can then place an order—choosing either a market order for an immediate purchase at the current price of $0.998661 or a limit order if you prefer to set your own price. Once the order is executed, your TrueUSD will be credited to your Bybit wallet, where you can choose to keep them or transfer them to another secure wallet.

How to sell TrueUSD?

Selling TrueUSD on Bybit follows a process similar to buying. Begin by logging into your Bybit account and navigating to the trading interface. Locate TrueUSD within your portfolio or the market listings. When you are ready to sell, decide whether to use a market order for a quick sale at the prevailing price, or a limit order if you wish to set a specific selling price. Once your order is placed and executed, the funds from the sale will be available in your account. You can then choose to withdraw these funds to your bank account or convert them into another cryptocurrency, according to your investment strategy.

Is TrueUSD a good investment?

Determining if TrueUSD is a suitable investment depends on several factors, including your risk tolerance, market research, and long-term financial goals. With a current price of $0.998661 and a market capitalization of $494.29M (ranking it at #134), TrueUSD has demonstrated significant activity. Its 24-hour trading range—from $0.996468 to $0.999772—and historical performance, highlighted by an all-time high of $1.62 on Aug 26, 2018 and an all-time low of $0.88355 on Mar 12, 2020, provide valuable context. While these metrics are promising, it is essential to conduct your own research and consider professional financial advice to determine if this asset fits into your portfolio strategy.

How many TrueUSD are there?

Currently, there are 495.52M units of TrueUSD in circulation, with a maximum supply capped at --. These figures are important to consider when evaluating scarcity and potential market dynamics, and they can change over time due to network updates or new coin emissions.

Disclaimer

Investments in cryptocurrencies, including but not limited to purchasing TrueUSD and other digital assets through Bybit, carry significant market risk. Should the digital asset you are seeking not be currently available on Bybit, please be advised that it will be introduced in the near future. Bybit disclaims all liability for any results or outcomes of such investments. The information regarding pricing and other relevant data presented herein is derived from publicly available sources. This content does not reflect the official stance of Bybit and should not be construed as investment advice, a recommendation, or an offer to buy, sell, or hold any form of digital assets.

Investors are urged to thoroughly evaluate their financial capacity for trading or holding digital assets and are advised to seek consultation from qualified legal, tax, or investment professionals based on individual circumstances.

For comprehensive details, please review Bybit’s Terms of Service.

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