TUSD Monthly Report: April 2024

TrueUSD
2 min readMay 3, 2024

TUSD’s Circulating Supply: 509,701,467 TUSD

TUSD’s Dollar Reserves: $517,049,165

Ethereum: 392,242,402 TUSD

TRON: 84,299,230 TUSD

BNB Smart Chain (Wrapped): 1,203,456 TUSD

Fantom: 467,469 TUSD

Polygon: 229,596 TUSD

Avalanche Protocol: 2,984,456 TUSD

Arbitrum: 107,093 TUSD

Optimism: 9,335 TUSD

Cronos: 277,287 TUSD

BNB Beacon Chain: 145,016 TUSD

BNB Smart Chain (Native): 30,030,364 TUSD

(Last updated on April 30)

Ecosystem Updates

1. TUSD is now available on FameEX, with trading pairs including USDT/TUSD, BTC/TUSD and ETH/TUSD. Users can also deposit and withdraw TUSD based on TRON, ETH and AVAX networks on FameEX.

2. TUSD has been added to FoxWallet, supporting three networks, including ETH, BSC and AVAX.

3. Binance Thailand listed the TUSD/USDT spot trading pair.

Community Activities

In partnership with FameEX, TrueUSD has initiated a deposit and trading campaign that offers attractive rewards to participants.

Product Updates

1. TrueUSD is sponsoring the BNBChain2024Q2 Hackathon. The TrueUSD track, offering a prize pool of up to 10,000 TUSD, focuses on innovative concepts like Gamefi, Socialfi, Depin, and AI.

2. The Head of Communication for TrueUSD participated in the BNBChain Hackathon BNBChain Workshop Day 4 up live stream, discussing the potential applications of TUSD in various cutting-edge sectors.

Please note that except for the TUSD issued on TRON, Ethereum, Avalanche, BNB Smart Chain (Native), and BNB Beacon Chain, TUSD on other networks are all wrapped versions.

About TrueUSD

TrueUSD (TUSD) is the first USD pegged stablecoin with live on-chain attestations by independent third-party institutions. It has been listed on 100+ trading platforms such as Binance and Huobi, and is live on 10+ mainstream public chains including Ethereum, TRON, Avalanche, BNB Chain, Fantom, and Polygon. TUSD is attested daily by MooreHK,a global leading accounting firm, and integrated with Chainlink’s industry leading Proof of Reserve to secure minting and further ensure transparency and reliability. TUSD was granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica on October 7th 2022.

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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.