Binance trueusd

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TUSD gains amid stablecoin market.

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Binance Will Expand Zero-Fee Trading on TrueUSD after Minting $1B of TUSD
Demand for stablecoins is heavily tied to their utility on Binance, according to Kaiko. TrueUSD, the fifth largest stablecoin by market value. The trueUSD (TUSD) stablecoin remains off its intended $1 peg as the Asia business day continues, and is currently trading at $ TUSD is a stablecoin that is pegged to the U.S. dollar. TUSD achieves this by holding an equivalent amount of USD in reserve for every TUSD.

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Introduction to TUSD. Related articles. TrueUSD is the first USD-pegged stablecoin to deploy daily attestations for its underlying reserves by independent third-party institutions. By integrating PoR, TUSD aims to enhance its stablecoin minting process with added transparency, risk management, and security layers. Digital currency built for the new global financial system Get Started.