TrueUSD
About
TrueUSD (TUSD) is a fiat-collateralized stablecoin pegged 1:1 to the US dollar, designed as a digital currency for trading, payments, and store of value across multiple blockchain networks. It emphasizes transparency through daily attestations of its USD reserves by independent third-party accounting firm Moore Hong Kong, providing users with a reliable stablecoin for global financial transactions without minting or redemption fees.
Where Does Yield Come From?
TrueUSD is a stablecoin — a digital dollar that's backed 1-to-1 by real U.S. dollar reserves. But it is not a yield-generating product. Here's how it works:
The dollars that back TUSD are held with independent banking partners. Those reserves may include cash, cash equivalents, and other investments. Any interest or earnings from those reserves are used only to cover the protocol's own operating costs — things like administration, fees, and other charges.
No yield is paid to TUSD holders. The whitepaper is clear: you do not earn interest on the funds in your account just by holding the token. TrueUSD does not distribute any yield to token holders. Any income happens at the reserve level, purely to keep the system running, not to give returns to users.
If you want to earn yield using TUSD, you would need to look at third-party platforms — for example, lending apps or DeFi protocols that accept TUSD as collateral or in liquidity pools. Those opportunities are separate from TrueUSD itself. The core protocol focuses on one job: maintaining a stable 1-to-1 peg to the U.S. dollar, backed by transparent, daily checks of its reserves by an independent accounting firm.
Legal
Status and notes
TrueUSD's Terms of Use specify Singapore law as governing law and Singapore International Arbitration Centre (SIAC) for dispute resolution. No legal entity name, registration number, or jurisdiction of incorporation disclosed on official website, Terms of Use, or Privacy Policy.
