The TrueUSD price is $1.00, a change of -0.06% over the past 24 hours as of 6:22 a.m. The recent price action in TrueUSD left the tokens market capitalization at $2,901,999,470.38. So far this year, TrueUSD has a change of -0.21%. TrueUSD is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).
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TUSD trades at a discount versus Tether as former FTX auditor Armanino's rebranded outlet The Network Firm's association with TrueUSD raises alarm bells on Crypto Twitter.
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Binance crypto wallets hold some 90% of TUSD’s $3.1 billion market cap, according to blockchain data by Arkham Intelligence.
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Binance abolished almost all zero fee trading pairs from its platform after nine months, only keeping the promotion for the TUSD-bitcoin pair.
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Blockchain data shows crypto exchange giant Binance has been relying increasingly on TUSD following a crackdown on its Binance USD stablecoin by U.S. regulators.
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