TrueUSD (TUSD) Completes Next Attestation as Supply Remains Close to $200M
Cryptovest
Published Apr 10, 2019 08:38AM ET
Updated Apr 10, 2019 09:42AM ET
TrueUSD (TUSD) Completes Next Attestation as Supply Remains Close to $200M
attestation from Cohen & Co., showing evidence of the dollar backing for each digital coin. Over the past quarter, the TUSD circulation has stabilized, hovering around $200 million.
TUSD is the third most active stablecoin, competing with Paxos (PAX). TUSD still has a small, 0.51% market share, as Tether (USDT) dominates the stablecoin scene. However, dollar backing is increasingly important, as Tether has shown its USDT coin may be backed by fiat or debt, in effect breaking its model where each coin co...
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