# TUSD: TrueUSD

TUSD is a dollar-backed stablecoin operated by Techteryx with third-party reserve attestations and multi-chain issuance.

## Key details

- **Issuer:** Techteryx
- **Reference currency:** USD
- **Backing model:** Cash and short-duration US dollar assets
- **Created:** 2018-01-01

## About

TrueUSD launched in March 2018 under TrustToken as an early fiat-backed stablecoin built for direct minting and redemption. Ownership transferred to Techteryx in December 2020, and Techteryx assumed full management of offshore operations in July 2023 as the project expanded its multi-chain and reserve-verification infrastructure.

## Supported chains

- Ethereum
- Tron
- BNB Smart Chain
- Avalanche
- Arbitrum
- Polygon PoS
- Fantom
- Near

- **Reference contract:** `0x0000000000085d4780B73119b644AE5ecd22b376` (Ethereum)

## Legal jurisdiction

Singapore (governing law)

TrueUSD’s terms are governed by Singapore law and state that the token is not money, legal tender, stored value, or a bank account.

## Sources

- [Official site](https://tusd.io/)
- [TrueUSD](https://tusd.io/)
- [TrueUSD terms](https://app.tusd.io/terms-of-use)

This directory is for research, not an endorsement or an availability promise from Fiber. Stablecoin designs, reserves, networks, and redemption terms can change.

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Fiber is a financial technology company, not a bank. Banking services are provided by SSB, Member FDIC. Funds deposited at SSB are eligible for FDIC insurance up to $250,000 per depositor, per insured bank, subject to applicable limitations and FDIC rules.