TUSD Monthly Report: February 2023

TrueUSD
2 min readMar 3, 2023

TUSD Circulation Supply: 1,120,752,206

TUSD Dollar Reserves: $1,127,830,187

Ethereum: 694,158,804 TUSD

TRON: 422,453,023 TUSD

BNB Smart Chain: 18,000,000 TUSD

Fantom: 775,401 TUSD

Polygon: 760,140 TUSD

Avalanche: 3,230,592 TUSD

Arbitrum: 190,388 TUSD

Optimism: 38,645 TUSD

Cronos: 3,156,124 TUSD

HECO: 361,360 TUSD

BNB Beacon Chain: 909,786 TUSD

(Last updated on February 28)

Ecosystem Updates

1. On February 5, TUSD launched a new round of the TUSD-3CRV reward pool on Votium, offering a total of 70,000 TUSD rewards to attract votes from vlCVX holders.

2. On February 5, TUSD launched a new round of the TUSDFRAXBP reward pool on Votium, offering a total of 20,000 TUSD rewards to attract votes from vlCVX holders.

3. On February 7, TUSD launched a brand new stablecoin swap pool on SUN.io.

4. On February 10, TUSD was listed on the decentralized exchange Equalizer with the TUSD-USDC stablecoin swap pool enabled.

5. On February 14, the travel booking platform Travala.com accepted TRC-20 TUSD payments. When booking travel services on Travala.com, users can pay with TRON-based TUSD.

6. On February 17, TUSD launched a new round of the TUSD-3CRV reward pool on Votium, offering a total of 70,000 TUSD rewards to attract votes from vlCVX holders.

7. On February 17, TUSD launched a new round of the TUSDFRAXBP reward pool on Votium, offering a total of 10,000 TUSD as rewards to attract votes from vlCVX holders.

Product Updates

On February 22, TUSD became the first stablecoin to programmatically control minting with real-time on-chain verification of off-chain reserves, demonstrating a new paradigm of decentralization, transparency, and independent verification.

Community Activities

1. On February 3, “Truly Class 25: A Global Overview of Stablecoin Regulations” was released.

2. On February 6, the TUSD team updated a new TUSD Q&A: “What kinds of photo IDs are accepted?”.

3. On February 13, the TUSD team updated a new TUSD Q&A: “How can I transfer TUSD from TRON to Ethereum via bridge solutions?”.

4. On February 14, the TUSD team launched the “TUSD×Travala.com” campaign on its Twitter account to celebrate Valentine’s Day and the integration of TRC20-TUSD on Travala.com, where users could grab a share of the $1,000 worth of Travala travel credits.

5. On February 20, the TUSD team updated a new TUSD Q&A: “Can TUSD be used in real-world scenarios, like booking and payment platforms?”.

6. On February 21, the TUSD team and Travala.com held a Twitter Space AMA.

7. On February 24, “Truly Class 26: An Overview of Financial Payment Companies Providing Stablecoin Services Worldwide” was released.

8. On February 27, the TUSD team updated a new TUSD Q&A: “On which lending platforms may I find TUSD?”.

Please note that except for the TUSD issued on TRON, Ethereum, Avalanche, and BNB Beacon chain, TUSD on other networks are all wrapped versions.

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TrueUSD

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