TUSD Monthly Report: March 2024

TrueUSD
2 min readApr 3, 2024

TUSD’s Circulating Supply: 494,456,467 TUSD

TUSD’s Dollar Reserves: $515,595,910

Ethereum: 391,997,402 TUSD

TRON: 69,299,230 TUSD

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

Fantom: 467,469 TUSD

Polygon: 199,547 TUSD

Avalanche Protocol: 2,984,456 TUSD

Arbitrum: 107,093 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 March 31)

Ecosystem Updates

1. The crypto platform Bitci allows users to purchase the XGPT token during its presale using TUSD.

2. TUSD has been introduced on EarnBIT, enabling users to trade TUSD with exceptionally low fees — starting at less than 0.2%.

3. Bit.Store has published a guide on how to apply for a TrueUSD e-card, allowing users to make purchases with TUSD.

4. KuCoin, the crypto exchange platform, has listed the TUSD/USDT spot trading pair.

5. Bitget has broadened its offerings to allow for the deposit and withdrawal of AVAX-based TUSD, alongside supporting other TUSD-native networks, including TRON, ETH, and BSC.

Community Activities

1. In collaboration with Bit.Store, TrueUSD has launched a co-branded virtual card campaign, offering an exclusive reward of $2,000 TUSD for users who top up and make purchases.

2. TrueUSD is hosting an Easter special campaign, offering participants the chance to share a prize pool of 400 TUSD.

3. TrueUSD has launched a promotional campaign on Weibo, inviting users to follow its Chinese Twitter account for a chance to win exclusive merchandise.

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

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.