Details about TrueAUD cryptocurrency
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TrueAUD price charts
TAUD exchanges
TrueAUD, the crypto
TrueAUD (TAUD) is a stablecoin that is pegged to the Australian dollar on a 1:1 basis. It is built on the Ethereum blockchain and operates as an ERC-20 token. TAUD is issued and managed by TrustToken, a blockchain technology company that is also responsible for other stablecoins.
The point
The main point of TrueAUD (TAUD) is to provide a stable and reliable digital asset for users in the cryptocurrency space, particularly those who want to hold a digital currency that is pegged to the Australian dollar. Its value is designed to remain stable, unlike other cryptocurrencies that experience high volatility.
The problem
TrueAUD (TAUD) tries to solve the problem of volatility in the cryptocurrency market. It provides a stable and reliable digital asset that can be used for everyday transactions without the risk of price fluctuations. Additionally, it caters to users who want to hold a digital asset that is pegged to the Australian dollar.
Compare TAUD and BTC performance
| Timeframe | TAUD | BTC |
|---|---|---|
| 1h change | 0 % | 0.00482346 % |
| 24h change | 0 % | -0.15505 % |
| 7 day change | 0 % | 3.43352 % |
| 14 day change | 0 % | -4.54527 % |
| 30 day change | 0 % | 4.15965 % |
| 200 day change | 0 % | 136.396 % |
| Year change | -89.75 % | 147.186 % |