TrueUSD

Entity5 coinsUnverified

TrueUSD is a fiat-backed USD stablecoin with daily attestations, Chainlink Proof of Reserve, and smart-contract mint/redeem controls.

The most transparent USD-backed stablecoin.

Market cap

$494.1M

Latest data

Holders

663.0K

Yield

Products

5

Member products

Coins under TrueUSD

Open a full profile or use Quick view for live CoinGecko + Alchemy data.

Main component

1

TUSD

1:1 USD-backed stablecoin. Mint via bank wire, redeem to unique address (min $1,000, ~1 business day). Chainlink PoR verification.

Differentiator

Transparency-first design: daily attestations, Chainlink Proof of Reserve, and on-chain mint/redeem. No algorithmic stabilization or native yield.

Key facts

Curated off-chain facts with source + freshness.

Off-chain facts

  • AttestationUpdated periodically

    Daily third-party reserve attestations plus Chainlink Proof of Reserve verify backing on-chain.

    TrueUSD
  • Multi CurrencyCurated

    Beyond TUSD, TrustToken issued TrueGBP, TrueAUD, TrueCAD and TrueHKD as fiat-pegged tokens for local-currency markets.

    TrueUSD

Commonly asked questions

How is TUSD backed?Key

TUSD is backed 1:1 by USD reserves with daily attestations from Moore Hong Kong and Chainlink Proof of Reserve feeds.

Does TUSD pay yield?Key

No. TUSD is a plain fiat-backed stablecoin with no native yield product.

Timeline & news

Key milestones in the entity's history.

TUSD launches with live attestations

Executed
2018-03

TrustToken launches TrueUSD, an early fiat-backed stablecoin with third-party attestations.

Source

TrueCurrencies expand beyond USD

Executed
2019

TGBP, TAUD, TCAD and THKD launch as fiat-pegged e-money cousins of TUSD.

Source

Chainlink Proof of Reserve

Executed
2023

TUSD integrates Chainlink Proof of Reserve on top of daily reserve attestations.

Source

Organizational structure

Units & roles

  • Techteryx

    Reported operating/controlling entity for TrueUSD (verify ownership chain).

    Operating entity
  • TrustToken

    Original issuer and brand behind the 2018 launch. Founders: Rafael Cosman, Stephen Kade, Danny An.

    Original issuer

Risks identified

  • Reserve / Depeg

    Reserve and collateral adequacy risk if attestations lag reality.

  • Counterparty

    Banking and custody counterparty reliance for USD reserves.

  • Regulatory

    Regulatory risk on money transmission and reserve disclosures.

  • Smart Contract

    Bridge and smart-contract risk on non-native chain deployments.

  • Governance

    Centralized mint/redeem control; no DAO governance.

  • Oracle

    Attestation and Chainlink PoR reliance (note: some TUSD feeds marked for deprecation).

Partnerships

Active partnerships

  • Chainlink Proof of Reserve

    Ongoing

    Real-time reserve verification feeds.

  • Moore Hong Kong

    Ongoing

    Daily reserve attestations.

Similarity to traditional finance products

How TrueUSD maps onto established TradFi structures, and where it diverges.

TradFi productSimilarity to TrueUSDKey differences
Tokenized bank deposit / cash substituteTUSD resembles a tokenized dollar balance backed by custodied reserves.Not FDIC-insured; onchain ERC-20 with attestations.

Research agentERC-8004

A passkey-owned AI agent that lives on TrueUSD and answers from its stablecoins, tokens, and RWAs — with its own on-chain ERC-8004 identity.

Checking for your TrueUSD agent…

AI Agent Skill

Machine-readable protocol knowledge for agents

Raw markdown

TrueUSD — Research Skill

The most transparent USD-backed stablecoin.

trueusd · v1.0.0

Facts

categoryUmbrella Entity
symbolTUSD
taglineThe most transparent USD-backed stablecoin.
arbitrumNativeno
chainsArbitrum One
securityunverified (OZ-derived · unverified — agents are gated from interacting on-chain)
memberCoins5 (TUSD, TGBP, TAUD, TCAD, THKD)
founded2018
tvl$494.10M
users663K

Sections

Overview

TrueUSD is a fiat-backed USD stablecoin with daily attestations, Chainlink Proof of Reserve, and smart-contract mint/redeem controls.

What makes it different

Transparency-first design: daily attestations, Chainlink Proof of Reserve, and on-chain mint/redeem. No algorithmic stabilization or native yield.

Components

- TUSD: 1:1 USD-backed stablecoin. Mint via bank wire, redeem to unique address (min $1,000, ~1 business day). Chainlink PoR verification.

Member coins

- TUSD (TUSD) — Stablecoin, Fiat-backed USD stablecoin - TrueGBP (TGBP) — Stablecoin, Tokenized British Pound (UK on/off-ramps) - TrueAUD (TAUD) — Stablecoin, Tokenized Australian Dollar (regional FX) - TrueCAD (TCAD) — Stablecoin, Tokenized Canadian Dollar - TrueHKD (THKD) — Stablecoin, Tokenized Hong Kong Dollar

Risks

- Reserve / Depeg: Reserve and collateral adequacy risk if attestations lag reality. - Counterparty: Banking and custody counterparty reliance for USD reserves. - Regulatory: Regulatory risk on money transmission and reserve disclosures. - Smart Contract: Bridge and smart-contract risk on non-native chain deployments. - Governance: Centralized mint/redeem control; no DAO governance. - Oracle: Attestation and Chainlink PoR reliance (note: some TUSD feeds marked for deprecation).

TradFi analogue

- Tokenized bank deposit / cash substitute: similar — TUSD resembles a tokenized dollar balance backed by custodied reserves.; differs — Not FDIC-insured; onchain ERC-20 with attestations.

Actions

NameSignatureAccess

getProfile

Read the CanHav profile for TrueUSD.

research_getEntity({ slug: "trueusd" })read-only

listMembers

List the member coins (stablecoins / tokens / RWAs) under this entity.

research_listByCategory({ category: "entities" })read-only

readLiveMetrics

Read live on-chain supply / metadata for a member contract (Arbitrum).

chain_readLive({ address: "0x..." })read-only

getHistory

Pull historical peg / TVL series for a member protocol.

research_getHistory({ slug: "<member-slug>", metric: "peg" | "tvl" })read-only

Glossary

TVL
Total value locked — assets held or managed by a protocol, in USD.
APR
Annual percentage rate — yield before compounding.
RWA
Real-world asset — an off-chain asset represented as an on-chain token.
ERC-8004
Trustless-agent identity standard; an agent's portable on-chain identity (ERC-721).