TUSD Monthly Report: August 2024

TrueUSD
2 min readSep 4, 2024

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TUSD’s Circulating Supply: 495,516,083 TUSD

TUSD’s Dollar Reserves: $502,942,401

Ethereum: 316,126,541 TUSD

TRON: 167,032,152 TUSD

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

Fantom: 466,469 TUSD

Polygon: 235,623 TUSD

Avalanche Protocol: 2,327,026 TUSD

Arbitrum: 130,173 TUSD

Optimism: 5,507 TUSD

Cronos: 277,287 TUSD

BNB Smart Chain (Native): 10,030,364 TUSD

(Last updated on September 1, 2024)

Community Activities

1. The BNB Chain 2024 Q3 Hackathon, sponsored by TrueUSD, is in full swing as judges review the projects.

2. Volunteers from the TUSD community joined the BNB Chain 2024 Q3 Hackathon Workshop for a live stream.

3. Yvonne Chia, Head of Communication at TUSD, kicked off the #StablecoinMythBusting series on X (formerly Twitter) by challenging a popular myth: stablecoins are the same as fiat money.

4. The second post in TUSD’s #StablecoinMythBusting series addressed another common misconception: stablecoins are just for holding.

5. The third post in TUSD’s #StablecoinMythBusting series asked, “Stablecoins = Safe?” and continued the myth-busting conversation.

Please note that except for the TUSD issued on TRON, Ethereum, Avalanche, and BNB Smart Chain (Native), 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
TrueUSD

Written by 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.

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