What is TrueUSD?
The first regulated stable coin fully backed by the US Dollar.
- TrueUSD is an ERC-20 token built on the TrustToken platform that can be redeemed 1-for-1 for the US Dollar. The goal of TrueUSD was to build a coin that can be trusted and backed by assets that are easily transacted across the world.
- TUSD are held in bank accounts of multiple trusted companies that have signed escrow agreements. These agreements are attested monthly, which makes TUSD token legally secure. TrueUSD can be redeemed by passing KYC/AML check and escrow bank securely transfers your funds in USD.
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