What is TrueUSD (TUSD)?
TrueUSD (TUSD), launched in March 2018, is a stablecoin pegged to the US Dollar. Developed by TrustToken, it aims to provide a stable and trustworthy digital currency alternative to traditional fiat currencies and volatile cryptocurrencies. Each TUSD is backed 1:1 with the US Dollar held in escrow accounts, audited regularly to ensure transparency and security.
TrueUSD is designed for use in global trade, offering the benefits of digital currencies without the associated price volatility. It is widely used in trading, hedging against crypto market volatility, and as a medium of exchange in various digital transactions. TUSD’s adherence to regulatory compliance and its transparent framework make it a popular choice among users seeking stability and reliability in the cryptocurrency market.
TrueUSD is designed for use in global trade, offering the benefits of digital currencies without the associated price volatility. It is widely used in trading, hedging against crypto market volatility, and as a medium of exchange in various digital transactions. TUSD’s adherence to regulatory compliance and its transparent framework make it a popular choice among users seeking stability and reliability in the cryptocurrency market.
Why choose Rabbit Wallet for TrueUSD?
Whether you're a total crypto newbie or a seasoned pro, Rabbit Wallet's got your back for
handling your TUSD with ease. Check out some cool features that make Rabbit stand out:
Exchange TrueUSD (TUSD)
With the Rabbit's built-in coin swap feature, you can exchange your TrueUSD for
any other coin at the best rates without ever leaving the cozy confines of your
wallet.
Self-Custodial
With a self-custodial wallet, you control the keys to your TrueUSD, meaning that
nobody, not even Rabbit, can ever access your coins. This also leads to faster
transactions with no third-party fees except for miners and increased flexibility.
Optimal Fees
The unique fee calculation algorithms provide you with various options when
available, allowing you to choose the most optimal one to ensure your transaction is
confirmed both swiftly and cost-effectively.
User-Friendly
We've worked hard to make Rabbit Wallet user-friendly for everyone. Packed with
features, it suits users at all levels, and our developers respond directly when
help is needed.
How to use Rabbit Wallet?
Creating a new wallet takes just a few clicks, and requires no information from you.
Here is a short brief on how you can create your new wallet:
Here is a short brief on how you can create your new wallet:
Save your phrase
You will be given a phrase, which will act as a primary key to your wallet. Save it
securely.
Set your password
Password is required to both open your wallet, and to perform any transactions.
You are in!
Now you are all set to explore the crypto world! Welcome to freedom!
Friendly tip: Having your passphrase on a sticky note under a keyboard might not be the best way to
store it.