TrueUSD
TUSD
#120
Learn more about TrueUSD!
TrueUSD (TUSD): A Trustworthy, Fiat-Backed Stablecoin
TrueUSD (TUSD) is a fiat-collateralized stablecoin pegged 1:1 to the US dollar, aiming to provide price stability and transparency in the volatile crypto market. Unlike purely algorithmic stablecoins, TUSD is backed by physical US dollar reserves, held in third-party escrow accounts. These reserves are regularly verified via independent attestations, offering holders a higher level of confidence in the coin’s dollar parity.
By maintaining a steady price, TUSD serves as a convenient hedge against market volatility, simplifying everyday transactions and cross-border payments. It also plays a valuable role in DeFi (Decentralized Finance) protocols and crypto exchanges, providing a stable trading pair for users who want to lock in profits or mitigate sudden price swings. As a result, TUSD has grown in popularity among both retail and institutional traders seeking a reliable on-chain representation of the US dollar.
Additionally, the company behind TUSD emphasizes a compliance-first approach, adhering to regulations and ensuring that each coin in circulation is fully backed. Regular audits from reputable accounting firms reinforce its commitment to security and transparency. This focus on trust and accountability sets TUSD apart from other stablecoin options, making it an appealing choice for those who prioritize verifiable, real-world collateral.
How to buy TrueUSD in Paraguay?
How to Buy TrueUSD (TUSD) on X4T
- Register with X4T
- Sign up on our platform and complete the required KYC procedures for secure trading.
- Deposit Funds
- Onramp cash or make a bank transfer to receive USDT/USDC in your X4T Wallet, providing the liquidity to purchase TUSD.
- Purchase TUSD
- Head to the X4T Trade Page, select TrueUSD (TUSD), and specify the amount you wish to acquire. Confirm to finalize your transaction.
- Store or Withdraw
- Keep TUSD in your X4T Wallet for quick access. If you prefer external storage, you can withdraw to major platforms like Binance or use a hardware wallet such as Ledger for added security.
For further information about deposit methods, transaction processes, and secure management of digital assets, check out our central “How to Buy” page. This comprehensive guide ensures you can confidently add TrueUSD (TUSD) to your crypto holdings on X4T.
