TrueUSD (TUSD) price

Blockchains, or distributed ledgers, have quickly gained adoption as one of the most promising technologies to emerge in the last ten years. They bring the potential to maintain public, yet secure, ledgers of all sorts of data ranging from supply chains to voting records. Many governments and Fortune 500 companies have started dedicated blockchain divisions to begin leveraging the technology; including Microsoft, Amazon, the EU, and others. One of the most exciting applications of this new technology is its ability to act as an alternative payment rail. Similar to SWIFT, but available globally, more secure, and much faster at settling transactions. TrueUSD (TUSD) emerged as an early leader in the space in March of 2018. TUSD is tied directly to the value of the USD. TUSD is fully backed 1-to-1 with USD held in escrow accounts for the benefit of TUSD token holders, it can be transferred to people anywhere in the world for $0.01, and can be redeemed for the underlying fiat USD after completing a KYC/AML check. TrueUSD (TUSD) independently-verified digital asset redeemable 1-for-1 for US Dollars.