About
TUSD is the first digital asset with live on-chain attestations by independent third-party institutions and is backed 1:1 with the U.S. dollar (USD). So far, it has been listed on more than 100 trading platforms such as Binance and Huobi and is live on 12 mainstream public chains, including Ethereum, TRON, Avalanche, BSC, Fantom, and Polygon. TrueUSD is attested to in real-time by an independent, industry-specialized accounting firm in the U.S., to ensure the 1:1 ratio of its USD reserve to the circulating token supply and the 100% collateral rate. With the integration of Chainlink PoR, TrueUSD becomes the first USD-Backed stablecoin to secure minting and further ensure transparency and reliability. Users can access the relevant data via the official website tusd.io at any time. TUSD is granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica, a country in the Caribbean, effective on October 7th 2022.
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History
TrueUSD suffers another depeg event
TrueUSD depegs following security concerns and liquidity issues
TrueUSD pauses attestations and redemptions amid banking crisis
TrueUSD goes live on Fantom
TrueUSD launches on Polygon
TrueUSD expands to Avalanche
TrueUSD deploys on Binance Smart Chain (BSC)
TrueUSD launches on TRON blockchain
TUSD Token Launch
Recent News
Is Justin Sun’s $456M TrueUSD Dispute Exposing Gaps in Hong Kong’s Trust Company Oversight?
The Dubai court froze $456 million in funds related to Sun Yuchen's rescue of TrueUSD issuer Techteryx
$50 Million Bounty Offered by Tron’s Justin Sun to Recover Stolen Trueusd Reserves
Is HTX redeeming 80% of TrueUSD?
TrueUSD Reserves Under Scrutiny Amid SEC Settlement
TrueUSD Stablecoin Not Fully Backed by US Dollar
