TUSD Monthly Report: May 2023

TrueUSD
2 min readJun 2, 2023

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TUSD Circulating Supply: 2,061,151,290 TUSD

TUSD Dollar Reserves: $2,054,516,074

Ethereum: 725,078,649 TUSD

TRON: 1,325,852,691 TUSD

Binance Smart Chain (Wrapped): 28,000,000 TUSD

Fantom: 607,159 TUSD

Polygon: 567,861 TUSD

Avalanche: 3,053,547 TUSD

Arbitrum: 206,876 TUSD

Optimism: 29,895 TUSD

Cronos: 3,156,124 TUSD

BNB Beacon Chain: 145,016 TUSD

BNB Smart Chain (Native): 129,170 TUSD

(Last updated on May 31, 2023)

Ecosystem Updates

1. On May 1, Binance Sui LaunchPool allowed users to stake TUSD to farm SUI tokens.

2. Binance listed the SUI/TUSD trading pair in its spot market on May 3.

3. MixPay started to support TUSD for payment, quote, and settlement on May 4. MixPay is a digital payment tool with multi-features such as cross-border payment, integrated payment, and digital wallets. Users can access the bank card services, payment solutions, over-the-counter transactions, deposit & withdraw features, and other functions through the open platform interface of the MIX global payment card.

4. On May 15, TUSD launched a new round of the TUSD-3CRV reward pool on Votium, offering a total reward of 22,000 TUSD to attract votes from vlCVX holders.

5. On May 15, TUSD launched a new round of the TUSDFRAXBP reward pool on Votium, offering a total reward of 2,000 TUSD to attract votes from vlCVX holders.

6. Curve listed the TUSD/crvUSD trading pair in its spot market on May 22.

7. Binance listed the ADA/TUSD, LTC/TUSD, and TUSD/BUSD trading pairs and enabled spot grid trading for them on May 30.

Product Updates

1. OKX launched the AAVE V2-based TUSD yield event on May 8.

2. Binance launched a promotion for TUSD current products on the Binance Simple Earn platform on May 24.

Community Activities

TUSD launched an event with TaskOn to celebrate #BitcoinPizzaDay on May 18.

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.

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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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