Zebpay Listed Stablecoin TrueUSD (TUSD)

in #cryptomarket3 years ago

Cryptocurrency exchange Zebpay introduced a new stable coin on its platform on Monday. A blogpost published late last night said that users can now deposit and withdraw TrueUSD (TUSD) on the exchange.

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Stablecoins such as Tether (USDT) and now TrueUSD (TUSD) are called so, because their intrinsic value is $1 and are not subject to usual volatility of the cryptocurrency markets. However, it is not always 100% accurate. For instance, if we were to take a look at TUSD’s charts over the past two days, we would see that its value remained $0.99 on August 4 and 5 and $1 on Monday (August 6).

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