TUSD Monthly Report: September 2024

TrueUSD
2 min readOct 3, 2024

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TUSD Monthly Report: September 2024

TUSD’s Circulating Supply: 495,516,083 TUSD

TUSD’s Dollar Reserves: $502,939,901

Ethereum: 316,126,541 TUSD

TRON: 167,032,152 TUSD

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

Fantom: 466,469 TUSD

Polygon: 235,781 TUSD

Avalanche Protocol: 2,327,026 TUSD

Arbitrum: 130,173 TUSD

Optimism: 5,445 TUSD

Cronos: 277,287 TUSD

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

Community Activities

1. Eligible projects submitted for the BNB Chain 2024 Q3 Hackathon, sponsored by TrueUSD, have now progressed to the incubation stage.

2. TrueUSD sponsored Taskon’s second anniversary, inviting all participants to join the celebration and grab a share of 300 TUSD and over $20,000 in event rewards.

3. Yvonne Chia, Head of Communication at TUSD, extended her wishes to PancakeSwap, a TUSD partner, on the occasion of its 4th anniversary.

Latest Updates

1. The fourth post in TUSD’s #StablecoinMythBusting series tackled the common misconception that using stablecoins is complicated.

2. The fifth post in TUSD’s #StablecoinMythBusting series debunked the misperception that stablecoins are just a passing crypto trend.

3. The TUSD team has published a featured article on Medium, offering a comprehensive recap of their #StablecoinMythBusting series.

Please note that except for the TUSD issued on TRON, Ethereum, Avalanche, and BNB Smart Chain (Native), 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.