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Cryptocurrencies/Coins/TrueUSD (TUSD)
TrueUSD price, market cap on Coin360 heatmap


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0.00004332 BTC
Market Cap (Rank#51)
52,556 BTC
Vol 24h
1,013 BTC
Circulating Supply
Max Supply
49 days agocryptodaily
UK Backtracks On KYC For Unhosted Wallets
The United Kingdom government has announced that it will not implement the controversial plan that made it compulsory to collect the identification details of all private crypto wallets. No More KYC For Private Wallets Due to the intense pushback it received, the UK government has backtracked on its proposal demanding KYC documentation for unhosted crypto wallets. Under this proposal, before sending crypto to private wallets, all senders would have had to collect the identification details of fund recipients. However, based on the concerns raised in the feedback, the Treasury deemed that it would be counterintuitive to insist on data collection for unhosted or private wallets. An excerpt from the statement released by the Treasury in its June report reads, “If a beneficiary was asked to verify information provided on the originator, they could be expected to submit official documents proving the originator’s address, date and place of birth, etc. This would, in many cases, not be practical. The government has therefore decided against amending the proposals to require verification.” The FATF Standards The proposal was brought forth under the Financial Action Task Force (FATF) standards to prevent money laundering and terror funding. Therefore initially, the requirement was complete identification collection of both the sender and the recipient of the funds. The Treasury had added to this requirement by deeming it compulsory across the financial services industry, regardless of the technology supporting these transactions. Thereby, crypto transactions would have fallen under this rule bracket as well. Feedback Raised Concerns However, the feedback on these reform proposals raised concerns over privacy, feasibility, and budget. Therefore the Treasury has decided not to go ahead with implementing the measure. Instead, there have been suggestions of using Zero-Knowledge Proof technology to determine the customer’s validity without sharing private information. The report stated, "Instead of requiring the collection of beneficiary and originator information for all unhosted wallet transfers, cryptoasset businesses will only be expected to collect this information for transactions identified as posing an elevated risk of illicit finance." UK’s Back And Forth On Crypto The UK authorities have been presenting a rather conflicting front towards cryptocurrencies. On the one hand, certain parliament members, like former health secretary Matt Hancock, have been voicing their support for digital assets. The British government has also indicated that it wants the UK to be the next crypto hub. On the other hand, the Bank of England has announced that in light of the recent TUSD stablecoin crash, it will be keeping a closer eye on stablecoins and intervene if it feels necessary. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
63 days agocryptodaily
CoinLoan users to gain access to BNB Smart Chain
The CoinLoan platform has expanded its range of instruments with the introduction of BNB, the Binance utility token making the top five of largest cryptocurrencies by market cap. It is the first step to the integration of CoinLoan with the BNB Smart Chain, a stable and cost-efficient blockchain that enables its users to: create powerful apps buy, trade, and hold digital assets take advantage of large capacity and high speed of transactions The CoinLoan users are sure to benefit from vast opportunities that the integration will open up. Specifically, the introduction of the BNB Smart Chain will bring faster transactions and flexibility in switching between other assets and exchanges. This blockchain is a strong rival of Ethereum as it features better scalability at lower gas fees. BNB is now available in all main products of CoinLoan: Instant Loans in USDT, USDC, BUSD, TUSD, PAX, DAI, EUR, GBP, BTC, WBTC, and ETH with BNB as collateral; Interest Account enabling its owners to get 5.2% APY on BNB and up to 7.2% in total for those who stake CLT; Crypto Exchange where BNB can be converted to crypto or fiat. CoinLoan’s Product Owner Eugene Zomchak commented on the new offering: “Adding BNB to our scope is the right decision, as it is one of the most popular and capitalized assets, and it will be available across all the products on the CoinLoan platform. We are also preparing for the future integration with the BEP-20 network, so our customers will get all the advantages of using the BNB Smart Chain, such as fast and inexpensive transactions for compatible assets in the near future.” Putting the best interest of clients to the fore, CoinLoan constantly introduces innovations and extends the range of available digital assets. The main products of the platform — Wallet, Crypto Exchange, Interest Account, and Instant Loans — provide comprehensive B2C and B2B solutions. These offers are an efficient way to leverage cryptocurrencies in both short- and long-term market strategies. About CoinLoan CoinLoan is an EU-licensed crypto business that offers Instant Loans with cryptoassets as collateral, Interest Account, and Crypto Exchange. It also provides corporate services. The highest security standards and assets insurance mean that both institutional and private customers benefit from the highest levels of protection. CoinLoan offers highly-competitive loan and APY rates, transparent pricing, and 24/7 human customer support service that serves good for high customer retention and satisfaction. The platform allows swapping and managing a comprehensive and growing range of cryptocurrencies, including its native token and fiat currencies. The company is focused on continuous innovation through state-of-the-art technology and partnerships, bringing customers constant improvements and possibilities within the crypto world. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
64 days agocryptodaily
Tron-based USDD Upgrades into the First Over-Collateralized Decentralized Stablecoin
USDD, or the Tron-based decentralized dollar, is set to be the most over-collateralized stablecoin in crypto. The stablecoin currently boasts over 200% of its value is fully-backed. After a month of pure stablecoin talk across the crypto ecosystem, with the failure of Terra’s stablecoin, UST, Tron ecosystem has announced its own stablecoin, the USDD (decentralized USD). According to a statement, the decentralized dollar has upgraded into the first over-collateralized decentralized stablecoin, with current collateralization levels way above 200%, with a guaranteed minimum collateral ratio of 130%. The stablecoin is backed by a basket of several assets including the dollar, Bitcoin, other stablecoins, and the native Tron token, $TRX. The Tron-based stablecoin launched last month and has been constantly solidifying its growth in a bid to kick off the stablecoin 3.0 era that makes finance accessible to all. Speaking on the USDD becoming the most over-collateralized stablecoin in the crypto ecosystem, Justin Sun, founder of Tron said, "Spearheading the Stablecoin 3.0 era, the upgraded, over-collateralized USDD will add more diversified features to underpin its stability.” The stablecoin currently has a total circulating supply of 667,521,101.61 USDD, according to Coinmarketcap, with each USDD being over-collateralized, making it the first over-collateralized decentralized stablecoin (OCDS). The stablecoin will be used by crypto users across the decentralized finance (DeFi) ecosystem, offering faster and cheaper transactions. As one of the most secure and decentralized stablecoins, USDD currently enjoys a guaranteed collateral ratio of at least 130%, with a public record published on the Tron DAO Reserves website, which updates in real-time. The USDD token can be minted by the Tron DAO Reserve members who are required to burn $TRX in the process. However, the upgrade consolidates USDD's stability and credibility by over-collateralizing assets under the TRON DAO Reserve (TDR). These reserve assets would include BTC, TRX, and multiple stablecoins like USDC, USDT, TUSD, and USDJ, at a ratio of 130% to back the issuance of USDD. The Tron DAO Reserve As mentioned above, the USDD stablecoin is maintained by the Tron DAO Reserve, which currently holds 14,050 $BTC, 240 million USDT, and 1.9 billion TRX in the reserve account, on top of the 8.29 billion TRX already in the burning contract. This brings the over-collateralization ratio of USDD to 225%, as of writing, or a total of ~$1.3 billion backing the $667 million USDD minted. The USDD stablecoin lives on multiple chains with Tron, Ethereum and BNB Chain all allowing transfers of USDD. It’s also embraced by numerous popular platforms, including, Uniswap, PancakeSwap, Curve, Ellipsis, KyberSwap, Poloniex, Huobi Global, KuCoin,, and Bybit. Industry leaders such as Alameda Research, Amber Group, Poloniex, Ankr, Mirana, Multichain, FalconX, and TPS Capital have already joined the TDR membership as a whitelisted institution, with more names soon to be announced. “The $10 billion reserves pledged by the TDR will enable USDD to become the most reliable decentralized stablecoin with the highest collateral ratio in blockchain history,” Justin added. “Currently, the 200%+ collateral ratio offers USDD a very strong safety net." Tron blockchain has witnessed wild growth in the last few years as innovative products are launched on the blockchain, which offering sub-cents transaction fees. Led by the Tron DAO, Tron has registered over 96 million user accounts, over $55 billion worth of assets stored on-chain, and an average daily transaction value of $10 billion across the network. As adoption rates boost in the near future, the USDD stablecoin will sought to embrace additional blockchain ecosystems and major decentralized applications (DApps), the team statement concluded. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
84 days agocryptodaily
More Dubai Businesses Open Up To Crypto Payments
After the Citizens School, a law firm in Dubai announced that clients would be able to pay for its legal services with digital currencies like Bitcoin, Ethereum, and Tether USD. First Law Firm To Accept Crypto Ashish Mehta & Associates, Solicitors and Legal Consultants became the first law firm in the UAE to start accepting payments in digital currencies. Clients will be able to make payments in BTC, ETH, and TUSD. According to the firm’s founder and managing partner, Ashish Mehta, the decision was greatly informed and encouraged by the regulatory and compliance framework devised by the Dubai and UAE governments. Mehta said, “If the government is providing regulatory framework infrastructure, it would be a good start to jump on to the bandwagon and be the first law firm in Dubai to accept payments in crypto. Larger local companies without naming are doing this as well. When certain commercial enterprises with external shareholders are also holding or receiving payments in crypto, so in a similar way, we are all sailing in the same boat.” Further Clarification In The Works Under the initiative, the crypto payments are received via a digital currency platform that processes them and automatically converts them to Dirhams (AED). Mehta has also expressed his faith in the vision of the Dubai government, citing the recently established virtual assets regulatory authority as an indicator of better things to come for the industry in the UAE. Even the mild uncertainty around reporting crypto profits and expenses on annual tax returns has not deterred Mehta. He believes that the government will soon provide the necessary format for these requirements. Dubai Businesses Welcome Crypto Mehta’s optimistic viewpoint on crypto adoption across the country is shared by many businesses and individuals in UAE. Multiple organizations like a school, F&B outlets, and real estate developers have already enabled crypto payments. For instance, the Dubai-based Citizens School, which is all set to open its gates from September 2022, has announced that it will be accepting tuition fee payments in Bitcoin and Ether, in addition to traditional fiat currencies. Dubai residents can also visit the Doge Burger restaurant and pay for a meal using a plethora of cryptocurrencies like Dogecoin, Bitcoin, Ethereum, BNB, CRO, XRP, USDT, and SHIB. Another noteworthy example is that of Dubai’s well-known property developer, Damac Properties, which has also announced that it will be accepting BTC and ETH payments for property sales. The Damac Group is also investing in establishing a strong presence in the metaverse by sponsoring a project to build digital cities. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
91 day agocryptodaily
CoinLoan Comes with a Special Offer as SOL Is Now Available
Tuesday 10th May Tallinn: Solana (SOL), one of the top-10 digital assets by market cap, is now supported by CoinLoan. The new addition reflects a growing demand from users. The growth of the SOL blockchain is largely driven by its native token, which is actively used for transaction fees and staking. CoinLoan, a European Union-licensed fiat-to-crypto lender that provides crypto-backed loans and interest-earning accounts with crypto as collateral, has launched a special offer to promote its new offering. For the first 30 days after opening Interest Accounts with SOL deposits, the account holder will earn an additional 2% APY. Existing CLT holders will get an APY increase of 9.2%. CoinLoan offers three core products that support SOL: SOL-collateralized loans for BUSD, TUSD, PAX, EUR, GBP, BTC, USDT, USDC, and WBTC; Crypto Exchange with competitive exchange rates; Interest Account with up to 12.3% annual percentage yield. CoinLoan's CEO, Alex Faliushin, commented on SOL's launch: "The addition of Solana to our network provides our clients with even more options and benefits, since it is one of the top currencies by market cap. Using our three products and continuous innovation, CoinLoan aims to make cryptocurrencies an easily traded and usable investment asset." The Solana blockchain uses the Proof-of-History (PoH) protocol, which is a significant advancement over Proof-of-Stake (PoS). It supports smart contracts, NFTs, and a range of decentralized applications (dApps). As a native part of Solana's blockchain, SOL tokens provide network security and value transfer capabilities. With CoinLoan, you can choose from over 25 assets, including stablecoins and altcoins. CoinLoan was created to make it easy for even the least experienced users to get started in the crypto space. With the addition of new coins and cutting-edge features such as crypto-to-fiat lending, CoinLoan is on track for continued growth for both the company and its users. Editorial contacts: Alla Lapidus / Alice Jiga Moonlight IQ Email: [email protected] Tel: +44 (0) 20 7250 4770 About CoinLoan CoinLoan has been operating as an EU-licensed business since 2017. Offering Instant Loans, Interest Account in crypto, and Crypto Exchange, its services are available to both individuals and corporations, subject to legal requirements. Both corporate and private clients of CoinLoan can benefit from a level of protection that meets or exceeds that of banks due to the firm's high-security standards. Among its many advantages are its highly competitive loan and APY rates, transparent pricing, and 24/7 customer support. On CoinLoan, users can exchange a variety of digital assets, including its native CLT Token, and fiat currencies. A combination of state-of-the-art technology and strategic partnerships enables the company to offer its customers continuous improvement and opportunities in the crypto space. More information is available at and you can follow us on social media networks such as: Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
131 day agocryptopotato
TrueUSD and Balancer Offer LPs TUSD and BAL Rewards from Stablecoin Pool Incentive Program
[PRESS RELEASE – Please Read Disclaimer] Singapore, Singapore / Mar 31 / – TrueUSD (TUSD) and Balancer (BAL) Automated Market Maker (AMM) partnered up with Polygon to offer liquidity providers with TUSD and BAL rewards from a stablecoin pool incentive program last November. The program incentivizes liquidity providers to add TUSD-DAI-USDC-USDT liquidity to the Polygon […]
273 days agocryptodaily
Leading Global Asset Manager VanEck Adds Another 200M TRON (TRX) to its Sizable Holdings
VanEck, a leading investment manager with business offices across the globe, is reportedly adding another 200M Tron (TRX) to their holdings. The asset manager has already been holding 814,271,133 TRX, valued at a substantial $88,645,684. Recently, TRON announced its $1,111,111,111 Ecosystem Fund amid the highly-anticipated BTTC launch and growing VTRX demand. TRON, which is one of the world’s biggest and most widely-used blockchain or distributed ledger tech (DLT) ecosystems, will be allocating its $1.1B+ fund to application developers that are interested in contributing to its diverse ecosystem. The massive fund intends to offer more dev-friendly software development tools that may be used to enlarge a fast-growing ecosystem that’s currently hosting a wide range of activities, such as decentralized finance (DeFi), non-fungible tokens (NFTs), stablecoins, among many other innovative use-cases. TRON Founder Justin Sun explained that this fund reflects their ongoing efforts to innovate and stay at the edge of blockchain and crypto development. Sun added that as the blockchain ecosystem continues to expand, cross-chain interoperability in DeFi and NFTs should serve an important role in their continued success. Accordingly, “encouraging the developers who are the backbone of this decentralized movement to join us is crucial for maintaining the TRON ecosystem’s longevity and competitive edge,” Sun noted. In addition to supporting software architects and ecosystem development, the fund aims to attract more innovative initiatives and protocols to the network via its upcoming rewards and incentives. Supporting Global Transition Towards Decentralization This move aligns or is consistent with TRON’s introduction of JustLend and JustSwap DeFi services along with Sun’s goal to increasingly promote transactions with stablecoins. TRON currently hosts and circulates several different stablecoins on-chain, such as USD Tether, USD Coin, TrueUSD, and TRON’s USDJ, with on-chain transaction volumes exceeding $10 billion per 24 hours on several occasions. The most recent milestone in TRON’s journey comes only a few weeks following the foundation launch of BitTorrent Chain, aka BTTC, in order to assist with scaling the ecosystem. Co-created by the TRON and BitTorrent development teams, the BTTC proof-of-stake or PoS protocol is developed to support greater cross-chain interoperability with TRON, Ethereum, and Binance Smart Chain (BSC). This innovative protocol should enable the quick transfer of crypto-assets across several different protocols economically in a decentralized fashion, supporting TRON’s role in the fast-evolving DeFi sector. Gaining Steady Adoption in Broader Financial Markets TRON has also been gaining adoption in the traditional finance world, with VanEck’s VTRX exchange-traded note (ETN) witnessing a considerable rise in overall demand. The note, which trades on Deutsche Börse, as well as other established exchanges of 14 leading European nations including those in Amsterdam, Paris, and Zurich, is reportedly backed by TRON’s native token Tronix (TRX). The most recent flow data indicates that the ETN added a substantial 200,000,000 TRX on November 2, 2021, which equates to nearly a $20M addition and now brings VTRX’s total holdings at well above the 1 billion TRX mark. It’s worth noting that TRON is focused on supporting the ongoing decentralization of the Internet by harnessing the power of blockchain or distributed ledger technology (DLT) and innovative dApp use-cases. Established in September 2017 by Justin Sun, Tron has managed to achieve several important milestones, such as its MainNet launch back in May 2018, gaining network independence in June 2018, as well as the TRON Virtual Machine launch in August 2018. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
277 days agocryptodaily
TRON Founder Announces $1B Fund For Expansion
TRON founder Justin Sun has stated that he plans to establish a $1,111,111,111 fund to power the expansion of the TRON ecosystem. Justin Sun’s Expansion Plans For TRON The TRON MainNet was launched in 2018. Since then, the protocol has successfully expanded its ecosystem under the leadership of Justin Sun to include DeFi, NFT, stablecoins, and distributed storage. The TRON ecosystem currently has over 59 million users and is one of the world’s top three public chains. Continuing with his policy of strong leadership, Sun recently announced his plans for the expansion fund on Twitter. “We should have a $1 billion fund dedicated to TRON...Ok. For some reason, everyone is suggesting $1.1 billion fund instead. How about we do $1,111,111,111 instead.” As per reports the fund will be used to empower developers with more efficient and affordable developing tools while enabling low-cost transactions and allowing network protocols to yield more returns. TRON’s Expansion Into NFT The expansion plans are likely to include TRON’s further developments in the NFT space. The company launched the first NFT standard TRC-721 in March 2021. Additionally, TRON introduced a more efficient infrastructure to transform artworks into NFTs on the blockchain for the BitTorrent File System (BTFS). Furthermore, Justin has already accumulated world-class artworks worth $2.64 million from major artists like Pablo Picasso, Andy Warhol, and crypto artist Beeple. He has since then converted these art pieces to NFTs by donating them to the APENFT Foundation. This could indicate a decisive move into NFTs by TRON soon enough. TRON In DeFi Space TRON’s DeFi growth has been extensive under Justin’s leadership. The company’s reach has expanded into stablecoins, wallets, lending, exchanges, storage, cross-chain assets, liquidity minding, oracles, shielded transactions, social networking, and games, among which JustLend and JustSwap rolled out by TRON have risen to be two hits. Justin has been pushing TRON to go all-in on stablecoins. Once allocated, a significant portion of the $1.1 billion funds will most likely be channeled in this direction. With over $10 billion in daily stablecoin transfers, the TRON network already supports the on-chain circulation of all major stablecoins - USDC, USDT, TUSD, and USDJ. Additionally, the latest launch of the cross-chain scaling solution, BitTorrent Chain (BTTC) by TRON in partnership with BitTorrent, will attract users from other chains with its diverse ecosystem. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
278 days agocryptopotato
TrueUSD Launches Fountain Incentive Plan of $1B to Support the Development of DeFi Ecosystems
[PRESS RELEASE – Singapore, Singapore, 4th November 2021] TrueUSD, the first independently-verified stablecoin redeemable 1-for-1 for US Dollars and early participant in DeFi, has officially announced the launch of its Fountain Incentive Plan. This plan will serve as an incubator for projects with potential by introducing $1 billion worth of TrueUSD and other digital assets […]
316 days agocryptodaily
Top Promising Crypto Projects to stabilize the economy
The volatility of the crypto market is one of the most significant issues restricting the industry's growth and mass adoption. While mainstream cryptocurrencies such as Bitcoin and Ether are more prone to pump and dump action, stablecoins, and payment tokens such as USDR, Tether has shown resistance to these manipulations. Most stablecoins are pegged to physical assets, which helps them retain their price during market fluctuations and reassures investors. Let's take a quick look at some of the most promising crypto projects helping stabilize the economy. Tether (USDT) Tether is a P2P blockchain-based, an open-source cryptocurrency pegged to the US Dollar. The stablecoin operates on an algorithm that helps to keep the price of a token always at $1 despite the market fluctuations. This ability of Tether to stabilize during high volatility has made the token quite popular among investors. Moreover, Tether's very few risk elements add to its appeal. USDReserve (USDR) USDR is a payment token that combines best historical practices with the latest technology to create a transaction system that can withstand the high demand of the present economy. USDR is resistant to volatility due to the gold reserves acquired from Brothers International GMBH, which helps keep the price of USDR tokens always equal to $1 physical gold. Moreover, to ensure safety and security, USDR is compliant with all Swiss laws. True USD (TUSD) True USD is the first regulated stablecoin to be backed by the US Dollar. The stablecoin is known for its simplicity, transparency, and reliability as it does not rely on any special algorithm. However, without using any specialized algorithm, TUSD has become popular as one of the best staking stablecoins because of its backing by the US Dollar. Binance USD (BUSD) Binance is a popular crypto trading platform that also offers BSC, one of the fastest and most secure blockchain networks. Binance also has a stablecoin pegged to the US dollar and powered by the fast and secured transactions of BSC. BUSD can also be used as a payment method in the global crypto space as it is approved and regulated by the New York State Department of Financial Services. Paxos Standard (PAX) PAX is one of the most popular stablecoin that offers and integrates an advanced level of US Dollar stability with blockchain technology. Paxos Standard is known for its efficient and reliable returns, making it a good investment opportunity for traders. Moreover, as Paxos Trust Company issues PAX, users do not have to worry about safety as the organization is regularly audited and regulated. In the highly volatile crypto space, cryptocurrencies backed and supported by physical assets and reserves create a high degree of reassurance for investors. These tokens are easier to understand and relatable as they are supported by fiat assets that people are confident about. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About TrueUSD

The live price of TrueUSD (TUSD) today is 1.00 USD, and with the current circulating supply of TrueUSD at 1,213,090,595.40 TUSD, its market capitalization stands at 1,213,131,973 USD. In the last 24 hours TUSD price has moved 0.001042 USD or 0.00% while 24,292,402 USD worth of TUSD has been traded on various exchanges. The current valuation of TUSD puts it at #51 in cryptocurrency rankings based on market capitalization.

Learn more about the TrueUSD blockchain network and how it works or follow the price of its native cryptocurrency TUSD and the broader market with our unique COIN360 cryptocurrency heatmap.

TrueUSD (TUSD) is a USD-based stablecoin. It means that the TrueUSD coin’s price is pegged to the price of the United States dollar. The TrueUSD coin stands out in the field of stablecoins as one of the few cryptos that have a full KYC/AML compliance and 100% collateralization in the fiat currency. Every TUSD holder that gets through the KYC/AML procedures is free to exchange his coins with fiat. Technically, the real TUSD price only changes when the price of the United States dollar changes. However, significant market fluctuations can move the price a couple of cents both up and down in value. TrueUSD market cap is in a stable ascending trend since its development. TrueUSD price online with
TrueUSD Price1.00 USD
Market Rank#51
Market Cap1,213,131,973 USD
24h Volume23,376,552 USD
Circulating Supply1,213,090,595.40 TUSD
Max Supply330,344,969 TUSD
Yesterday's Market Cap1,208,277,200 USD
Yesterday's Open / Close0.999558 USD / 1.0006 USD
Yesterday's High / Low1.0008 USD / 0.998486 USD
Yesterday's Change
0.00% ( 0.001042 USD )
Yesterday's Volume24,292,402 USD
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