TrueUSD (TUSD) is a stablecoin cryptocurrency that is pegged to the US dollar on a 1:1 ratio. It is designed to provide users with a stable and secure digital asset that can be easily exchanged for fiat currency. TrueUSD is backed by reserves held in escrow accounts, which are regularly audited to ensure transparency and trustworthiness. This stablecoin is often used by traders and investors as a way to mitigate volatility in the crypto market and to facilitate quick and secure transactions.