TUSD Monthly Report: July 2024

TrueUSD
2 min readAug 2, 2024

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TUSD Monthly Report: July 2024

TUSD’s Circulating Supply: 495,201,533 TUSD

TUSD’s Dollar Reserves: $502,542,381

Ethereum: 332,726,521 TUSD

TRON: 150,032,152 TUSD

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

Fantom: 466,469 TUSD

Polygon: 228,611 TUSD

Avalanche Protocol: 2,327,026 TUSD

Arbitrum: 130,173 TUSD

OP Mainnet (formerly known as Optimism): 5,507 TUSD

Cronos: 277,287 TUSD

BNB Beacon Chain: 85,470 TUSD

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

(Last updated on July 31, 2024)

Ecosystem Updates

1. TUSD’s X account(@tusdio) has reached over 100,000 followers.

2. TUSD proudly sponsored the BNBChain 2024 Q3 Hackathon, an event that spans a diverse range of tracks including DeFi, AI, Gaming, DeSoc, and Infrastructure. Yvonne Chia, TUSD’s head of communication, graced the opening ceremony with her presence and made a short speech.

Community Activities

In light of the impending sunset of the BNB Beacon Chain, TUSD has issued another announcement, asking BEP2-TUSD holders to convert their holdings to TUSD tokens of other networks before July 31, 2024.

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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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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