When did true USD launch?

Could you elaborate on the timeline surrounding the launch of true USD? Specifically, when was this cryptocurrency initially introduced to the market? I'm curious about its origins and the period when it made its debut. Understanding this will help me gain a better grasp of its development trajectory and how it fits into the broader cryptocurrency landscape. Was it a gradual rollout or a sudden, high-profile launch? Did it have any major competitors that preceded or coincided with its release? Answers to these questions will provide valuable context for evaluating true USD's market position and potential impact.