What TrueUSD is designed to do

TrueUSD (TUSD) is a fiat-backed stablecoin, currently ranked 72nd by market capitalization among the assets we track. TrueUSD is a fiat-backed stablecoin: each token is meant to be redeemable for a reference currency held in reserve, so its job is to stay flat, not to appreciate. It is plumbing for the crypto economy rather than a bet on price.

TrueUSD (TUSD) is a stablecoin pegged to the US Dollar, designed to provide a secure and transparent way to transact on the blockchain. It aims to maintain a 1:1 value with the USD, ensuring users have a reliable digital currency option.

How the peg is meant to hold

The mechanism is straightforward in theory — one token, one unit of reserve — but it depends entirely on the issuer actually holding and honoring those reserves. Attestation quality is therefore the core risk.

TUSD is not mined; it is issued as a token rather than secured by its own mining or staking layer.

Background & fundamentals

TrueUSD operates under a centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation. A documented core team of 19 contributors is listed publicly, a depth of disclosed staffing many long-tail tokens lack. Its codebase is open-source, meaning the implementation can be audited rather than taken on trust.

CoinPaprika classifies the project's development status as "Working product". In sector terms it is most often filed under Stablecoin, Ethereum (ETH) Token (ERC-20), and Smart Contracts.

Where TrueUSD sits in the market

At $0.9988, TrueUSD carries a market capitalization of $493.90M. Around $21.54M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 4.36% of the float — a healthy level of activity for an asset this size.

TrueUSD carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. TUSD trades about -27% below its all-time high of $1.36, within reach of prior peaks. Measured from its all-time low of $0.00862800, TUSD is up +11,476%.

What the price history shows

Recent moves read 7-day -0.03%, 30-day +0.05%. TUSD sits near the top of its 365-day range (about the 86th percentile of recent closes), so it is closer to local resistance than support.

Volatility profile

Recent action puts TrueUSD in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets. Over the last 30 days the move totals +0.05%, a useful input for stop placement and position sizing.

How to evaluate a stablecoin like TrueUSD

A grounded read on TUSD comes down to three questions:

  • Reserve quality — what backs TUSD — cash and short Treasuries are safer than commercial paper or crypto collateral — and who attests to it.
  • Redemption access — whether holders can actually redeem at par, and how quickly, under stress.
  • Regulatory standing — the issuer's jurisdiction and licensing, which increasingly determines which stablecoins survive at scale.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.