## TrueUSD (TUSD): Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **TrueUSD (TUSD):** A regulated, USD-backed stablecoin issued by TrueUSD LLC. * **Launched:** September 2018. * **Market Cap:** ~$1.59 billion (as of Feb 23, 2024). * **Rank:** #13 on CoinGecko. * **Unique Features:** * **Fiat-backed:** Each TUSD token is backed by one US dollar held in a reserve account. * **Regulated:** TrueUSD is subject to regular audits and compliance checks by reputable firms. * **Transparency:** TrueUSD publishes monthly attestations that verify its reserves.
**Recent News:**
* **Feb 21, 2024:** TrueUSD announces partnership with blockchain security firm Chainabuse to enhance monitoring and compliance. * **Feb 14, 2024:** TrueUSD integrates with DeFi platform Aave, allowing users to earn interest on their TUSD holdings. * **Feb 7, 2024:** TrueUSD announces collaboration with Visa to explore fiat-on-ramp solutions for easier TUSD acquisition. * **Jan 30, 2024:** TrueUSD publishes its latest monthly attestation report, confirming full reserves backing.
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice. * Cryptocurrency investments are highly volatile and carry significant risks. * Do your own research before making any investment decisions.
**Additional Notes:**
* TUSD is generally considered a stablecoin with a strong track record and regulatory oversight. * The recent news highlights TrueUSD's focus on security, partnerships, and expanding its use cases. * It's important to be aware of the risks involved in cryptocurrency investments before making any decisions.
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