TrueUSD

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What is TrueUSD? TUSD is a stablecoin asset deployed as an ERC20 token on the Ethereum network. It is 100% backed by the reserves of TrustToken, who is the company that deals with issuing TUSD. Their project is highly transparent with a focus on providing evidence of their accounting, to ensure users can trust that the $1 peg is 1 to 1 and will not collapse. TUSD is a favourite stablecoin token amongst traders and is seeing use also being implemented into open finance Dapps.