TrueUSD (TUSD) is a fiat-backed US dollar stablecoin issued by Techteryx. It has about $484M in circulation, ranking #24 among the stablecoins CoinScoop tracks, and runs on 6 blockchains.
TUSD price
$0.9988
On peg Circulating supply
$484M
30-day change
0.0%
Price
$0.9988
Blockchains
6
Tracked since
Jan 2019
What is TUSD?
TrueUSD (TUSD) is a fiat-backed US dollar stablecoin issued by Techteryx. It has about $484M in circulation, ranking #24 among the stablecoins CoinScoop tracks, and runs on 6 blockchains.
TrueUSD has faced reserve-management disputes in recent years. Check the latest attestations before relying on it.
In the issuer's words: TrueUSD (TUSD) is an independently-verified digital asset redeemable 1-for-1 for US Dollars.
TUSD supply history
$499M$465M
Oct 8, 2025Oct 8, 2026
$3.49B$0
Jan 5, 2019Oct 8, 2026
TUSD supply was flat over the past 30 days. Its peak was $3.78B in October 2023, and supply is 87% below that high.
Is TUSD holding its peg?
Last price
$0.9988
Target
1.0000 USD
Status
On pegTUSD is trading within 0.5% of its target, which is normal for a healthy stablecoin.
Where TUSD lives: supply by blockchain
TUSD is spread across several networks. The largest, Ethereum, holds 65% of supply. Check that the token on your chain is the issuer's official contract, not a bridged copy.
How TUSD is backed
TUSD is backed by fiat reserves reported by the issuer.
Minting and redemption: TrueUSD customers who have undergone a verification process can exchange USD for TUSD and redeem TUSD for USD.
Reserve reports and audits: real-time-attest.trustexplorer.io
TUSD risks
Issuer and custody
Your claim is on the issuer and the banks or funds holding its reserves. A failure or freeze there can break the peg, as USDC briefly did in March 2023.
Freezes and blacklists
Fiat-backed issuers can usually freeze tokens at specific addresses, for example to comply with sanctions or court orders.
Bridged versions
Copies of a stablecoin moved by third-party bridges depend on those bridges. Prefer the issuer's native contract on each chain.
Regulation
Rules such as the US GENIUS Act and the EU's MiCA can restrict which stablecoins exchanges list in a given country.
TUSD vs USDT and USDC
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TUSD in the news
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TUSD FAQ
What is TUSD?
TrueUSD (TUSD) is a fiat-backed US dollar stablecoin issued by Techteryx. It has about $484M in circulation, ranking #24 among the stablecoins CoinScoop tracks, and runs on 6 blockchains.
Is TUSD pegged 1:1 to the US dollar?
TUSD targets 1 USD. At the last update it traded at $0.9988, a deviation of -0.12%, which we classify as "on peg".
What backs TUSD?
TUSD is a fiat-backed stablecoin. Fiat reserves reported by the issuer.
Which blockchains is TUSD on?
TUSD is live on 6 blockchains. The largest by supply are Ethereum ($314M), Tron ($169M), BSC ($879K).
How much TUSD is in circulation?
About $484M of TUSD was in circulation at the last update, 0.0% over 30 days. That makes it the #24 stablecoin by supply among those we track.
Does TUSD pay interest?
No. TUSD does not pay yield to holders directly. Any interest earned on its reserves goes to the issuer. Some platforms offer rewards for holding it, but those are paid by the platform, not by TUSD.
Is TUSD safe?
No stablecoin is risk-free. As a fiat-backed design, TUSD's main risks are reliance on the issuer and its banks or custodians, how transparent the reserves are, the issuer's ability to freeze tokens, and regulatory action. It currently shows "on peg" on our peg monitor. This page is information, not investment advice.