The relationship between tusd currency and tru

TUSD and TRU are closely related: TUSD is a US dollar stable currency, and TRU is its incentive token, used to maintain the stability of TUSD. TUSD is backed by the staking of TRU holders, and TRU holders receive TUSD rewards through staking. TUSD is used in applications such as stable value storage, cryptocurrency trading, and remittances.

The relationship between TUSD and TRU

What is TUSD?

TUSD is a USD-pegged stablecoin issued and managed by TrustToken. It aims to maintain a 1:1 dollar value and certify its reserves through regular audits.

What is TRU?

TRU is TrustToken’s native token and is used to incentivize its network. Holders can stake TRU and receive TUSD rewards, helping maintain the stability of TUSD.

The relationship between TUSD and TRU

TUSD and TRU are closely related and play different roles in the TrustToken ecosystem:

• TUSD: Stablecoin, providing stable value against the US dollar.
• TRU: The governance token that incentivizes the network and maintains the stability of TUSD.

STABILITY OF TUSD

TUSD is backed by the staking of TRU holders who stake TRU to receive TUSD rewards. This staking mechanism helps maintain the stability of TUSD because if the price of TUSD drops below $1, holders will have an incentive to stake TRU and create new TUSD, thereby increasing supply and pushing the price higher.

TRU’s Incentives

TRU holders receive incentives by staking and receiving TUSD rewards. This encourages people to hold TRU and support the TrustToken network, providing a stable foundation for TUSD.

Use Cases

TUSD can be used in a variety of applications, including:

• Stable Store of Value
• Cryptocurrency Transaction
• Remittance
• Business Transaction

TRU is mainly used for governance and incentives within the TrustToken ecosystem.

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