About
TrueUSD (TUSD) is a pioneer in the fiat-collateralized stablecoin space, launched by TrustToken (now rebranded as Archblock) to provide a transparent and legally protected digital dollar. It distinguishes itself from other stablecoins by utilizing a system of third-party escrow accounts and daily attestations to maintain its 1:1 peg to the US Dollar. Instead of the company directly handling user funds, the USD collateral is held by multiple fiduciary partners, providing TUSD holders with a direct legal claim to the underlying assets and reducing centralized counterparty risk.
Technically, TUSD is a multi-chain asset, natively deployed on over 12 blockchains including Ethereum, TRON, and BNB Smart Chain. A cornerstone of its security is the integration of Chainlink Proof-of-Reserve (PoR), which provides decentralized, on-chain verification of the project's reserves. This allows for an automated "minting lock" mechanism; if the total supply of TUSD on-chain ever exceeds the verified dollar amounts held in escrow, the protocol automatically pauses the minting of new tokens until the reserves are re-verified.
In early 2026, TrueUSD remains a core pillar of the global liquidity market, particularly within the Asian and offshore trading sectors. Its ownership was transitioned to the Singapore-based conglomerate Techteryx in late 2020, though Archblock continues to manage its technical operations. As of 2026, the protocol has maintained its commitment to transparency by shifting to daily independent attestations provided by Moore Hong Kong, replacing the traditional monthly audit cycle to offer near real-time confidence to institutional and retail traders alike.
