TUSD Monthly Report: August 2023

TrueUSD
2 min readSep 4, 2023

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Data Updates

TUSD’s Circulating Supply: 3,428,661,056 TUSD

TUSD’s Dollar Reserves: $3,434,637,816

Ethereum: 725,796,344 TUSD

TRON: 2,669,603,875 TUSD

BNB Smart Chain (Wrapped): 28,000,000 TUSD

Fantom: 470,754 TUSD

Polygon: 434,087 TUSD

Avalanche Protocol: 2,984,455 TUSD

Arbitrum: 185,643 TUSD

OP Mainnet (formerly known as Optimism): 17,344 TUSD

Cronos: 1,306,124 TUSD

BNB Beacon Chain: 145,016 TUSD

BNB Smart Chain (Native): 30,131,364 TUSD

(Last updated on August 31, 2023)

Ecosystem Updates

1. On August 1, Binance announced the two latest projects, Sei ($SEI) and CyberConnect ($CYBER), on Binance Launchpool. Users will be able to stake their $TUSD to farm $SEI and $CYBER tokens.

2. On August 4, TUSD became accessible on the crypto payment gateway Alchemy Pay, enabling users to purchase TUSD using fiat currencies from 173 countries. The platform currently supports the ETH and TRON networks.

3. On August 14, the stUSDT platform started supporting TUSD staking. Users can now stake the token through the TRON network, while the Ethereum-based TUSD will soon be supported.

4. On August 22, Binance introduced new trading pairs CYBER/TUSD and SEI/TUSD.

5. On August 24, TUSD was added to crypto wallet Klever Wallet.

Product Updates

1. TUSD introduced a brand-new domain, app.tusd.io, for its minting and redeeming services on August 11. With this improvement, users can conveniently access their accounts using their original credentials.

2. TUSD announced the launch of its enhanced official website on August 29. It offers stunning visual effects, streamlined interfaces, and an overall improved user experience.

Community Activities

TUSD and AlchemyPay have joined hands to bring users a thrilling 5-day community activity starting from August 7. It features a series of events, including Community Q&A, Community Wordle Game, and Community Quiz. All participants stand a chance to win a share of the 750 TUSD prize pool.

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.

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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.