Launched in March 2018, True USD (TUSD) is a fiat-collateralized stablecoin and the world's first digital currency pegged to the US Dollar. It is fully backed, transferable, and redeemable 1:1 against the USD at any time. TUSD is compatible with many ecosystems and applications. Trust Token, the company behind TUSD, was founded in 2017, and since launching TUSD, they have released other stablecoins linked to different currencies, such as TrueGBP (TGBP) tied to the British Pound and TrueAUD (TAUD) connected to the Australian Dollar. Currently, international trade and remittance often face high fees and slow transactions. TUSD and other tokenized currencies aim to improve this by speeding up transfers and reducing costs, making international trade and remittance more accessible. TUSD is full...
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