TrueUSD
TUSD
Watchlist
₹92.40
LIVE
Watchlist
24H Low ₹92.36
24H High ₹92.46
Price of TUSD today
The current live price of TUSD today is ₹92.40, with a 24-hour trading volume of ₹4,08,85,70,369.24. Our TUSD to INR price is updated in real-time. TUSD has seen a decrease of -0.06% in the last 24 hours. With a live market cap of ₹47,07,69,10,549.72 , the circulating supply is at 509,701,467 TUSD coins, with a maximum supply of 509,701,467TUSD coins.
TrueUSD Price History
| Date Comparison | Amount Change | % Change |
|---|---|---|
| Today | -₹0.06 | 0.06% |
| 7 Days | -₹0.21 | 0.23% |
| 30 Days | -₹0.06 | 0.07% |
| 1 Year | -₹0.32 | 0.35% |
TrueUSD Price Information
Price Change (1hr)
0.07%
Price Change (24hr)
0.06%
Price Change (7d)
0.23%
TrueUSD Market Stats
Market Cap
₹47,07,69,10,549.72
Fully Diluted Market Cap
₹47,07,69,10,549.72
24hr Volume
₹4,08,85,70,369.24
11.01%
Circulating Supply
509701467.01 TUSD
Total Supply
509701467.01 TUSD
Things to know about TrueUSD
What is TrueUSD (TUSD)?
TrueUSD (TUSD) is a USD-pegged stablecoin, a type of cryptocurrency that is designed to maintain a 1:1 peg to the US dollar. This means that each TUSD token is equivalent to one US dollar. TUSD was launched in 2018 by TrustToken, a company that specializes in building financial products on blockchain networks.
Things to consider before buying TrueUSD (TUSD)
While TUSD claims to be backed 1:1 by US Dollars, the system still relies on a centralized entity to manage and verify the reserves. This could raise concerns about trust and the potential for mismanagement or fraud by the issuer.
Stablecoins, including TUSD, operate in a regulatory gray area. Depending on how regulators classify and regulate stablecoins, there may be risks associated with regulatory changes that could affect TUSD's operation.
Users are trusting the issuer of TUSD to maintain the peg and have sufficient reserves to back all tokens in circulation. If the issuer were to face financial difficulties or become insolvent, it could impact the value and redeemability of TUSD.
Reasons to buy TrueUSD (TUSD)
TUSD is a stablecoin, so its price is relatively stable compared to other cryptocurrencies. This makes it a good choice for investors who are looking for a safe and secure way to store value or trade other cryptocurrencies.
TrueUSD claims to provide regular attestations and audits of their reserves, which means users can verify that their tokens are fully backed by USD held in reserve accounts.
TrueUSD is designed to comply with existing regulatory frameworks. It aims to address some of the regulatory concerns associated with cryptocurrencies like money laundering and fraud.
Returns Calculator
Investment Amount
Investment Period
Returns
₹9246
0%
TUSD to Converter
Quantity
TUSD
Price
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Price as per 09:42 PM • 29 Apr 2024
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Frequently asked questions about buying TrueUSD (TUSD) in India
Have a question not answered?
You can contact us at help@mudrex.com
What is the price of TrueUSD (TUSD)?
The current price of TrueUSD (TUSD) in INR is ₹92.40 INR.
What is the current TUSD market cap?
The current market capitalization of TrueUSD (TUSD) is ₹47,07,69,10,549.72 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of TUSD by the number of coins in circulation.
What is the current supply of TrueUSD (TUSD)?
The current supply of TrueUSD (TUSD) is 509701467.01 TUSD. This figure represents the total number of coins that have been mined and are currently in circulation.
What is the 24 trading volume of TrueUSD (TUSD)?
The 24-hour trading volume of TrueUSD (TUSD) in INR is ₹4,08,85,70,369.24. This figure represents the total value of all TUSD transactions across various exchanges within the last 24 hours.
How to Buy TrueUSD (TUSD) in India?
To buy TrueUSD (TUSD) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in TUSD.
Can I buy TrueUSD (TUSD) with UPI?
Yes, you can buy TrueUSD (TUSD) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.
How to Convert TrueUSD (TUSD) to Indian Rupee (INR)?
To convert TrueUSD (TUSD) to Indian Rupee (INR), you can use our TUSD/INR conversion tool.
