What is TrueUSD (TUSD)?

Deep Dive

1. Purpose & Value Proposition

TrueUSD was created to offer a transparent and reliable digital dollar. Its primary value proposition is solving the "trust gap" in stablecoins by providing verifiable proof that every token in circulation is fully backed by real USD reserves. This is designed to give users and institutions confidence in its stability for trading, payments, and as a store of value within crypto ecosystems.

2. Technology & Transparency Mechanism

Unlike many stablecoins that provide monthly or quarterly reports, TUSD's defining feature is its daily attestations. An independent third-party accounting firm, Moore Hong Kong, verifies the reserve holdings and publishes this proof on-chain in real-time. This process, integrated with Chainlink's Proof of Reserve (PoR), aims to ensure a 100% collateral rate and allows anyone to audit the backing at any time via its official transparency page (TrueUSD).

3. Ecosystem Fundamentals

TUSD is built for wide adoption across the crypto economy. It is natively deployed on a dozen mainstream public chains—such as Ethereum, TRON, Avalanche, and Polygon—enabling seamless transfers and use in decentralized finance (DeFi) applications on those networks. It has been listed on over 100 trading platforms and was granted statutory status as an authorized digital currency in the Commonwealth of Dominica in October 2022 (CoinMarketCap).

Conclusion

TrueUSD is fundamentally a transparency-focused stablecoin that uses frequent independent audits to verify its 1:1 dollar backing across multiple blockchain networks. How will its commitment to daily attestations influence user trust as stablecoin regulation evolves globally?