TrueUSD 2021 WRAP-UP

TrueUSD
5 min readJan 5, 2022

TrueUSD is the first digital asset with live on-chain attestations by independent third-party institutions and is backed 1:1 with the U.S. dollar.

So far, it has been listed on more than 100 trading platforms such as Binance, Huobi, and Poloniex, and is live on well-known public chains such as Ethereum, TRON, Avalanche, BSC, Fantom, and Polygon, providing them with a great deal of liquidity to catalyze their growth. TrueUSD is audited real-time by Armanino, one of the largest US-based accounting firms, to ensure the 1:1 ratio of USD reserves to circulating token supply and the 100% collateral rate. Users can access the publicly available audit results via the official website at any time.

January

19/1
Poloniex listed the TUSD/USDT, TUSD/USDC, TUSD/ETH, and TUSD/BTC trading pairs; later on August 13, the TUSD/TRU trading pair was also added.

20/1
TrueUSD’s official website trueusd.com was launched, through which users can directly access the token minting and redemption services.

22/1
Huobi listed the TUSD/HUSD trading pair; later on August 20, the TUSD/USDT trading pair was also added.

22/1
TrueUSD partnered with Silvergate, a crypto-friendly bank, to provide users with token minting and redemption services

25/1
After listing the TUSD/BTC, TUSD/ETH, and TUSD/LTC trading pairs, Binance again added the TUSD/BUSD trading pair.

February

1/2
TrueUSD went live on the trading platform SushiSwap with TUSD-wETH liquidity pool enabled, where liquidity providers can receive Sushi rewards.

18/2
TrueUSD’s Chinese Telegram group was set up, where Chinese-speaking users can exchange their ideas with each other.

25/2
TrueUSD was listed on the trading platform Biki, with the TUSD/USDT trading pair enabled.

March
2/3

TrueUSD became the first stablecoin natively launched on Avalanche, boosting the stablecoin liquidity in its ecosystem.

2/3
MXC listed TUSD on its OTC trading section; on June 10, MXC enabled the deposits and withdrawals of TRC20-TUSD in addition to ERC20-TUSD.

18/3
TrueUSD was listed on Curve Finance, allowing users to swap between four stablecoins, TUSD, DAI, USDC, and USDT, with low slippage and minimal trading fees.

April
9/4

TrueUSD released its native token, TRC20-TUSD, on TRON, which gives users access to a whole gamut of TRON-powered open financial services featuring ultra-low trading fees and nearly-instant transfers.

13/4
Poloniex supported the deposits and withdrawals of TRC20-TUSD.

26/4
TrueUSD was deployed onto Binance Smart Chain (BSC), with an entry to BEP20-TUSD deposits and withdrawals added on Binance in parallel.

28/4
TrueUSD was listed on Ellipsis, a trading platform in the BSC ecosystem, allowing users to trade with low slippage and minimal trading fees.

May
4/5

According to CoinMarketCap, the market cap of TrueUSD exceeded $1 billion.

20/5
TrueUSD went live on JustLend, the first official lending platform on the TRON network, where users can gain jTUSD by depositing TUSD while enjoying the high returns from the lending market on JustLend.

24/5
TrueUSD lending market was launched on Compound, where users can earn interest by depositing TUSD to receive cTUSD.

31/5
TrueUSD went live on the BSC-based platform PancakeSwap, with the TUSD-BUSD LP pool enabled and 1 million TUSD worth of exclusive rewards provided for the CAKE staking pool.

June
10/6

According to CoinMarketCap, the market cap of TrueUSD exceeded $1.5 billion.

17/6
TrueUSD partnered with Signature Bank, enabling real-time minting & redemption services via Signet™, a blockchain-based payment platform.

23/6
TUSD was launched on HECO, and Huobi started to support HECO-TUSD deposits and withdrawals.

July
14/7

TrueUSD officially went live on MDEX (BSC), with the TUSD-BUSD LP pool enabled. Liquidity providers of this pool can grab a share from the $200K prize pool.

15/7
Users can borrow TUSD to mine CAKE on the BSC-based yield aggregator Alpaca, enjoying extra ALPACA rewards.

16/7
Gate.io enabled the multi-chain deposits and withdrawals of TUSD as well as the deposits and withdrawals of TRC20-TUSD.

23/7
TrueUSD was listed on the BSC-based Wault Finance, with the TUSD-USDT LP pool enabled and $50K brought to the WEX staking pool as rewards.

August
3/8

TrueUSD officially went live on MDEX (HECO), with the TUSD-USDT LP pool enabled, and users can stake MDX for additional TUSD rewards.

3/8
TUSD officially went live on Channels, the lending platform in the HECO ecosystem.

3/8
TUSD officially went live on FilDA, the lending platform in the HECO ecosystem.

4/8
TrueUSD joined hands with HECO to launch the “Gold Shovel” mining campaign on MDEX, FilDA, and Channels.

6/8
TrustToken, the TrueUSD issuance platform and the operator of the lending protocol TrueFi, received a $12.5 million investment from a16z, and Alameda, etc.

6/8
LBank started to support TRC20-TUSD deposits and withdrawals.

16/8
WhiteBIT started to support TRC20-TUSD deposits and withdrawals.

September

8/9
TrueUSD, FilDA, and Hswap jointly launched TUSD liquidity mining, where users can add liquidity on Hswap and earn high returns by staking on FilDA.

17/9
BitTorrent and its client uTorrent enabled TUSD as a payment option where users can buy pro, pro+VPN, and ad-Free products by using TUSD.

22/9
Deposits and withdrawals of TRC20-TUSD were enabled on Huobi, with the concurrent launch of TrueUSD deposit, mining, and trading campaigns.

23/9
The TUSD currency market was listed on the lending platform Venus on BSC, where users can earn interest by depositing and withdrawing TUSD to earn vTUSD and increase assets utilization rates by staking vTUSD, lending other assets, or generating the stablecoin VAI.

26/9
Simplex, a crypto payment service provider, fully integrated the TUSD stablecoin with support for fiat on- and off-ramp services.

October

14/10
TrueUSD officially went live on Annex, a BSC-powered decentralized monetary market, with lending enabled.

14/10
The TVL of TrueUSD on the lending market AAVE (V2) surged past $100 million.

15/10
Cross-chain bridge AnySwap began supporting the cross-chain transfers of TUSD between Ethereum and Fantom.

25/10
TrueBull, TrueUSD’s mascot, made its debut.

25/10
Coinsbit added support for TRC20-TUSD deposits and withdrawals.

27/10
TrueUSD announced the launch of the $1 billion Fountain Incentive Program to turbocharge the growth of various DeFi ecosystems.

29/10
Bibox added the TUSD/USDT trading pair and gave support to the deposits and withdrawals of ERC20-TUSD and TRC20-TUSD.

November

2/11
TrueUSD officially joined MAP Protocol, introducing greater stability and transparency to the MAP ecosystem.

15/11
TrueUSD joined hands with Bibox to launch the TUSD Treasure Box event, offering an APR as high as 15%.

15/11
TrueUSD was officially listed on the automated market-making protocol Balancer (Polygon), where users can receive a combination of rewards in BAL, TUSD, and MATIC by providing liquidity for the TUSD-DAI-USDC-USDT pool.

19/11
TUSD was added as a bond asset on PIDAO Finance, allowing users to buy PID at a discount with TUSD.

22/11
TrueUSD was added to the decentralized trading platform Pangolin V2, with TUSD-DAI and TUSD-AVAX liquidity pools launched.

23/11
TrueUSD went live on the decentralized trading platform SpookySwap, allowing users to provide liquidity for the TUSD-USDC pool to earn BOO rewards.

25/11
TrueUSD lending market was launched on Scream, a decentralized lending protocol. Users can deposit or borrow TUSD in return for TUSD and SCREAM rewards.

December

14/12
TrueUSD went live on the trading platform Biswap, allowing liquidity providers of the TUSD-BUSD pool to earn fees and extra BSW rewards.

21/12
TrueUSD was listed on the spot market and instant swap trading zone of BingX, with the deposits and withdrawals of ERC20\TRC20\BEP20-TUSD enabled in parallel.

27/12
The total number of addresses with TUSD holdings topped 400,000, reaching 400,246.

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TrueUSD

TUSD is the world’s most trusted stablecoin, fully backed by USD and independently attested live and on-chain, now moving billions of dollars around the world.