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<p>Bitfinex strives to achieve it by providing our users with state-of-the-art trading tools, innovative technology and unparalleled levels of customer service.</p>
<p>The digital asset space is evolving at a breakneck pace. To keep up with such rapid technological innovation requires an equally forward-thinking and agile approach. Bitfinex provides state-of-the-art digital asset trading services for our users and global liquidity providers.</p>
<p>We firmly believe that the best cryptocurrency trading experience should be available to everyone.</p>
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TrueUSD

<p>TrueUSD (TUSD) is a platform for marking currency calls and real assets. Dollars that provide legal protection to token holders and use one TrueUSD token for every dollar. TrueUSD provides a reliable transaction tool that enables consumers and businesses to use currency exchange as a medium.</p>
<p>Trueusd (TUSD) is a "stable currency" similar to the current USDT. TrustToken, a startup backed by Stanford Venture Fund, launched Trueusd, a cryptocurrency that combines transparency and mystery, which is the first stable dollar currency with high trust in the market. By working with banks and trusts, the company guarantees that their tokens will maintain the stability of the currency.&nbsp;</p>
<p>Unlike Tether, which controversially insists on bank account audits, TrueUSD offers regular audits, provides strong legal protections for holders, maintains compliance by adding KYC (customer background checks) and Anti-Money Laundering reviews (AML), and even reduces risk by reviewing a user's individual transactions, But such reviews and audits can also add additional costs while ensuring transparency.&nbsp;</p>
<p>In the TrueUSD system, dollars are held in the bank accounts of multiple trust companies that have signed escrow agreements, rather than in bank accounts controlled by one company. The contents of said bank accounts are published daily and audited monthly.&nbsp;</p>
<p>If someone wants to obtain TrueUSD through an online application, they need to pass KYC/AML. When the check is complete, they can send dollars to one of TrueUSD's trust company partners. Once the funds are verified by the trust, their API will instruct the TrueUSD Smart contract to issue tokens at a ratio of 1 to 1 and send them to the Ethereum address associated with the current account.</p>
<p>Once in the wallet, tokens can be transferred to friends or used as payments, combining the benefits of fiat currency (stability and trust) with cryptocurrencies (reduced fees and transmission times). Users can also exchange TUSD tokens for actual dollars by sending them back to the smart contract address, which notifies the trust company and initiates a bank transfer to the user's account.</p>

Ethereum，TRON，BSC，Avalanche，Arbi，Fantom，Polygon

0x0000000000085d4780b73119b644ae5ecd22b376

0x14016e85a25aeb13065688cafb43044c2ef86784

0x1c20e891bab6b1727d14da358fae2984ed9b59eb

0x4d15a3a2286d883af0aa1b3f21367843fac63e07

0x9879abdea01a879644185341f7af7d8343556b7a

0x2e1ad108ff1d8c782fcbbb89aad783ac49586756

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TrueUSD Stablecoin Continues to Depeg as Holders Flees to USDT

https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-06/1961ccb6-a968-466e-b0a6-442681b440e7.jpg

TrueUSD stops minting via Prime Trust, loses dollar peg

https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDMvMTI5YWYxOGQtY2U4MS00MzVhLTk1YmUtNTlmOTFlODUyMDE4LmpwZw==.jpg

	Rank	Source	Price	24h	Volume(24H)	Trading Percent	Updated
1	Binance	1	Binance	TUSD/USDT	0.99520000	-0.06%	$4,637,744.53	8.9237%	2024-11-05 04:20:09
2	MEXC	2	MEXC	TUSD/USDT	0.99510000	-0.08%	$647,402.53	1.2457%	2024-11-05 04:19:02
3	Bitget	3	Bitget	TUSD/USDT	0.99510000	-0.07%	$82,511	0.1588%	2024-11-05 04:20:22
4	BingX	4	BingX	TUSD/USDT	0.99430000	-0.17%	$81,241.7	0.1563%	2024-11-05 04:19:19
5	Binance	5	Binance	TUSD/TRY	34.3400	-0.58%	$62,800.55	0.1208%	2024-11-05 04:20:02
6	KuCoin	6	KuCoin	TUSD/USDT	0.99580000	0%	$34,260.93	0.0659%	2024-11-05 04:19:38
7	Kraken	7	Kraken	TUSD/USD	$0.9906	-0.93%	$60.7299	0.0001%	2024-11-05 04:20:04
8	Upbit	8	Upbit	TUSD/USDT	1.0070	0%	$55.5835	0.0001%	2024-11-05 04:09:53
9	Bitfinex	9	Bitfinex	TSD/USD	$0.9949099999999999	0%	$8.0979	0.0000%	2024-11-05 04:19:24
10	Upbit	10	Upbit	TUSD/BTC	0.00001430	0%	$5.5608	0.0000%	2024-11-05 04:19:39
11	Kraken	11	Kraken	TUSD/EUR	0.91300000	0%	$5.4123	0.0000%	2024-11-05 04:20:04
12	Bitfinex	12	Bitfinex	TSD/UST	0.99293000	0%	$0	0.0000%	2024-11-05 04:18:59

	Volume(24H)	Trading Percent
Binance	Binance	$4,700,545.07	28.9948%	Visit
Bitfinex	Bitfinex	$8.0979	0.0000%	Visit
Kraken	Kraken	$66.1422	0.0004%	Visit
KuCoin	KuCoin	$34,260.93	0.2113%	Visit
Bitget	Bitget	$82,511	0.5090%	Visit
MEXC	MEXC	$647,402.53	3.9934%	Visit
BingX	BingX	$81,241.7	0.5011%	Visit
Upbit	Upbit	$61.1443	0.0004%	Visit
BitMart	BitMart	$1,490,307.83	9.1928%	Visit
HTX	HTX	$495,395.38	3.0558%	Visit
WhiteBIT	WhiteBIT	$1,967,034.3	12.1334%	Visit

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