TUSD Monthly Report: February 2024

2 min readMar 4, 2024

TUSD’s Circulating Supply: 1,288,455,467 TUSD

TUSD’s Dollar Reserves: $1,294,471,091

Ethereum: 389,997,402 TUSD

TRON: 865,298,230 TUSD

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

Fantom: 467,469 TUSD

Polygon: 289,324 TUSD

Avalanche Protocol: 2,984,456 TUSD

Arbitrum: 207,407 TUSD

OP Mainnet (formerly known as 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 February 29, 2024)

Ecosystem Updates

1. TUSD has been listed on the Indian crypto exchange CoinDCX with 20 trading pairs, including BTC/TUSD, ETH/TUSD, and SOL/TUSD, open for trade.

2. TUSD is now available on the crypto exchange Bitget with TUSD/BTC and TUSD/ETH markets open for trade. Meanwhile, users can subscribe to TUSD on its Savings product for 7 days or 14 days and enjoy a 10% or 15% APY respectively.

3. The crypto platform Bitci accepted TUSD as a payment option in the pre-sale of the Moon token.

Community Activities

CoinGecko released an in-depth analysis of TUSD’s most recent transparency update.

TrueUSD launched its official Chinese X account and rolled out promotions to reward new account followers.

Product Updates

According to TrueUSD’s recent announcement, it will no longer support the minting and redemption of BEP2-TUSD since the BNB Beacon Chain will sunset soon. All holders of the token are called on to redeem their tokens or convert them into TUSD tokens of other network standards at the earliest time possible.

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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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.