TUSD Monthly Report: January 2023

TrueUSD
3 min readFeb 3, 2023

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TUSD market cap: $952,538,930

Ethereum: 512,479,580 TUSD

TRON: 429,785,594 TUSD

BNB Smart Chain: 18,000,000 TUSD

Fantom: 731,132 TUSD

Polygon: 780,163 TUSD

Avalanche: 3,251,076 TUSD

Arbitrum: 184,928 TUSD

Optimism: 18,989 TUSD

Cronos: 4,794,336 TUSD

HECO: 361,360 TUSD

BNB Beacon Chain: 1,112,570 TUSD

(Last updated on February 2,2023)

DeFi

1. On January 5, TUSD launched a new round of the TUSD-3CRV reward pool on Votium, offering a total of 53,000 TUSD rewards to attract votes from vlCVX holders.

2. On January 5, TUSD launched a new round of the TUSDFRAXBP reward pool on Votium, offering a total of 11,000 TUSD rewards to attract votes from vlCVX holders.

3. On January 6, the TUSD-USDC pool went live on SwapFish, the leading DEX on Arbitrum. Users can conduct transactions through BNB and Arbitrum networks.

4. On January 19, TUSD went live on Silo Finance, the risk-isolating lending protocol on Ethereum. TUSD can be borrowed, lent, and collateralized on Silo Finance DApp.

5. On January 20, TUSD went live on Wombex, the native yield aggregation platform on the BNB chain. Users may stake TUSD to earn additional rewards in WMX.

6. On January 20, TUSD launched a new round of the TUSD-3CRV reward pool on Votium, offering a total of 60,000 TUSD rewards to attract votes from vlCVX holders.

7. On January 20, TUSD launched a new round of the TUSDFRAXBP reward pool on Votium, offering a total of 16,000 TUSD rewards to attract votes from vlCVX holders.

8. On January 30, TUSD went live on Magpie, a liquidity aggregation platform on the BNB chain. Users may stake TUSD into the Wombat TUSD pool via Magpie to earn additional rewards.

CeFi

1. On January 9, TUSD was listed on HyperPay. Users can purchase TUSD at the best rates in HyperPay Wallet.

2. On January 12, OKX Earn and TUSD jointly introduced a new product on DeFi. Users may stake TUSD and enjoy up to 18% APY.

3. On January 17, TUSD and HKD.com, a leading digital asset trading platform based in Hong Kong, jointly launched the Year of the Rabbit Booster Staking campaign, where users may enjoy up to 16.88% APY.

Activities

1. On January 2, the TUSD team updated a new TUSD Q&A “What are the fees for mints and redemptions?”.

2. On January 6, the TUSD team tweeted its 2022 milestones, which reviewed its exploration in areas including the public chain, DeFi, and CeFi, and outlined its development in Web3 collaboration.

3. On January 9, the TUSD team updated a new TUSD Q&A “Why is two-step verification required when I create an account on the TUSD website?”.

4. On January 11, Annabel, the Marketing and BD Director of TUSD, joined the AMA on OKX Telegram as a guest speaker.

5. On January 13, the TUSD team attended the Twitter Space jointly launched by OKX and @CSpaceOfficial on the topic “Annual review of the stablecoin track, how will it develop in 2023?”.

6. On January 16, the TUSD team updated a new TUSD Q&A “How long does the minting process take?”.

7. On January 20, the TUSD team joined an AMA on Twitter Space hosted by Fluidity.

8. On January 23, the TUSD team updated a new TUSD Q&A “How long is the redemption period?”.

9. On January 30, the TUSD team updated a new TUSD Q&A “Can both individuals and organizations mint TUSD?”.

Please note that except for the native TUSD on Tron, Ethereum, Avalanche and BNB Beacon chain, all the rest are wrapped tokens.

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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.