TrueUSD

About

TrueUSD, often abbreviated as TUSD, is a stablecoin that is pegged to the US dollar, aiming to maintain a 1:1 value ratio with the USD. This digital currency is backed by real US dollars held in escrow, ensuring that for every TUSD token in circulation, there is an equivalent amount of US dollars stored securely. This backing is verified through daily attestations by independent third-party institutions, which audit the reserves to confirm their existence and sufficiency, providing a layer of transparency and trust for users.