TrueUSD TUSD

What TUSD actually is on-chain

TrueUSD is an ERC-20 deployed on Ethereum, at contract address 0x0000000000085d4780b73119b644ae5ecd22b376. That address, not the ticker TUSD, is what uniquely identifies this asset: anyone can deploy a second token calling itself TUSD, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, TUSD is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in TUSD itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

For TUSD the project publishes a whitepaper, a public source repository and an active account as @tusdio. Both a written specification and readable code exist, which is a materially higher bar than most assets in this size range clear. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where TUSD sits in the market

#111 places TrueUSD in the top of the mid-cap band. Liquidity is already fragmented at this depth: a large share of real TUSD volume can sit on two or three venues, so a quote on a secondary exchange may lag the primary market by seconds and by more than a basis point. Position size matters more than entry timing here.

CryptoPingAi is currently streaming 3 live TUSD order books (Binance, Gate.io, HTX). That is coverage in line with a #111 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. None of the books we see for TUSD are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

TUSD against its all-time high

TUSD is 38.3% below its $1.62 peak (on 2018-08-26), roughly a halving of value from the high. 1.62x is needed to get back, and the band between here and there is thick with supply bought during the run-up. Rallies into that zone tend to meet holders getting back to break-even rather than buyers initiating, which is why the first push toward the high usually fails before the second one. It was set 8 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

TUSD across its historical range

The recorded range is comparatively narrow: 1.83x between $0.8835 and $1.62. Either the price history is short, or the asset is designed not to move.

TUSD is within 13.1% of its all-time low of $0.8835, printed on 2020-03-12. This is the part of a chart with no history: there is no prior trading below this level, so there is no support to reference, no volume shelf and no cost-basis cluster to lean on. The low is old enough that it has held as a floor across multiple market regimes, which is a materially different situation from a low being freshly printed.

TUSD supply structure

There is no fixed maximum supply for TUSD. Total supply stands at 494.5 million TUSD and essentially all of it — 100.0% — is circulating. With no locked treasury to unlock, dilution comes from protocol issuance over time rather than from a cliff on a vesting calendar, which tends to produce slow supply drift instead of discrete unlock shocks. A supply in the hundreds of millions keeps the unit price in a range where round-number levels are genuinely traded, which makes price-threshold alerts more reliable than they are on high-supply tokens.

What kind of asset TUSD is

TrueUSD is pegged to the US dollar, so the only price question that matters is whether the peg holds; trend and momentum readings on a dollar peg describe noise, not direction. It is backed by off-chain reserves, which moves the risk from smart-contract code to custody and disclosure: who holds the reserves, what they are held in, and how often that is attested. Those are the questions that decide whether the peg survives a redemption wave. Its size is mid-range for the category — large enough to be quoted continuously, small enough that a single large redemption is visible in the price.

CoinGecko files TUSD under 8 categories, including Stablecoins, USD Stablecoin, BNB Chain Ecosystem, Avalanche Ecosystem, Ethereum Ecosystem. CoinGecko also records deployments on BNB Chain (2,027 tracked tokens), Avalanche (256 tracked tokens), Ethereum (3,072 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading. Worth flagging from the metadata: TUSD appears in the Andreessen Horowitz (a16z) portfolio.

How to set a TrueUSD alert that is worth receiving

TrueUSD is the ERC-20 at 0x0000…b376 on Ethereum — quoted on 3 venues we stream — high dated 2018-08-26 — rank #111. On this profile the condition that carries signal is a peg-deviation band of roughly ±0.5% of par, with RSI ignored entirely.

Full alert-design method: thresholds, RSI/MACD and volume conditions →