Cryptocurrency Q&A How much is true USD?

How much is true USD?

HanRiverVision HanRiverVision Fri Jun 28 2024 | 5 answers 1249
Could you elaborate on the concept of "true USD" in the context of cryptocurrency and finance? Is this referring to the actual value of the US dollar in the traditional financial system, or is there a specific metric or perspective you're referencing within the cryptocurrency sphere? Given the volatility and decentralized nature of cryptocurrencies, how does one accurately assess the "true" value of the US dollar when compared to digital assets? Are there any specific indices, metrics, or methodologies that are commonly used to determine this? Clarifying this terminology would help me provide a more informed answer. How much is true USD?

5 answers

AltcoinAdventurer AltcoinAdventurer Sun Jun 30 2024
TrueUSD, denoted as TUSD, is currently trading at a live price of $0.998561 per unit.

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Carolina Carolina Sun Jun 30 2024
This price is expressed in terms of the US Dollar (TUSD/USD) and reflects the real-time market conditions.

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Valeria Valeria Sun Jun 30 2024
The current market capitalization of TrueUSD stands at $494.99 million USD, indicating its overall value and significance in the cryptocurrency market.

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KpopHarmonySoul KpopHarmonySoul Sat Jun 29 2024
The 24-hour trading volume of TUSD is $56.16 million USD, highlighting its liquidity and market activity.

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Daniela Daniela Sat Jun 29 2024
BTCC, a UK-based cryptocurrency exchange, offers a wide range of services including spot trading, futures contracts, and digital wallet management.

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