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TUSD Wallet

TrueUSD is a USD-backed ERC20 stablecoin that is fully collateralized, legally protected, and transparently verified by third-party attestations.

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What is TrueUSD?

TrueUSD is a USD-backed ERC20 stablecoin that is fully collateralized, legally protected, and transparently verified by third-party attestations. It uses multiple escrow accounts to reduce counterparty risk, and to provide token-holders with legal protections against misappropriation. TUSD is the first asset token built on the TrustToken platform.

Who can use TrueUSD?

Crypto Traders and Exchanges:
Cryptocurrency traders want a trustworthy stablecoin to hedge against volatility, and enter crypto markets without immediate exposure to BTC/ETH.
Mainstream Commerce:
Everyday people and businesses can enjoy the benefits of digital currencies (faster transaction speed than ACH, global reach) without the volatility of Bitcoin. Now you can pay a salary, take out a loan, or buy coffee with a cryptocurrency, enabling a new economy of cryptocurrency financial applications.
Developing economies:
Some developing markets are increasingly reliant on cryptocurrencies for trade.
Financial institutions:
Financial companies that want to get into crypto, but have reasonable reservations against putting e.g. $100M into a new algorithmic stablecoin vs. $100M of “legally-enforceable certificates of ownership of the US dollar”.

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