TrueUSD (TUSD) is a stablecoin cryptocurrency that is pegged 1:1 to the US dollar, meaning that each TUSD token is backed by a US dollar held in reserve. It was created to provide users with a stable and reliable digital asset that can be used for trading, investing, and transferring funds without the volatility often associated with other cryptocurrencies. TrueUSD is issued by the TrustToken platform and is regulated by financial institutions to ensure transparency and security.
