TrueUSD is the USD-pegged stablecoin historically associated with TrustToken, TrueCoin, and Archblock. Archblock announced that ownership of TUSD had been transferred to Techteryx in December 2020 and that Techteryx fully took over TUSD operations, including minting, redemption, onboarding, compliance, fiat reserve banking, and product development, effective July 13, 2023.
| Product | Backing | Status | Market cap |
|---|---|---|---|
| TUSDTrueUSD | Fiat Backed | Active | $494M |
| Stage | Private |
| Key events | Date 2023-07 · Event Techteryx assumed full operational control of TUSD (minting, redemption, compliance, reserve banking)Date 2024-09 · Event SEC announced settled charges against TrueCoin LLC and TrustToken Inc. over TUSD-related offerings |
| Website | https://tusd.io/ |
## Overview TrueUSD is the USD-pegged stablecoin historically associated with TrustToken, TrueCoin, and Archblock. Archblock announced that ownership of TUSD had been transferred to Techteryx in December 2020 and that Techteryx fully took over TUSD operations, including minting, redemption, onboarding, compliance, fiat reserve banking, and product development, effective July 13, 2023. ## Products Stablecoins issued by this entity: TUSD.