TrueUSD

TrueUSD (TUSD) is a fiat-backed stablecoin launched on 5 March 2018, designed to maintain a value of one US dollar per token. It is intended for anyone who wants to transact, save, or move value in a digital form without exposure to the price swings typical of other digital assets. The project claims to address the trust problem in stablecoins by providing real-time, third-party attestations confirming that each token in circulation is matched by an equivalent US dollar held in reserve.

TUSD is an ERC-20-style token that lives natively on multiple public blockchains, including Ethereum, TRON, Avalanche, BNB Chain, Fantom, and Polygon, among others, giving it a circulating supply of 494,515,083 tokens across those networks. Reserves are attested in real time by an independent US accounting firm, and the protocol has integrated Chainlink Proof of Reserve to automate on-chain verification of the 1:1 dollar backing before new tokens can be minted. Because TUSD is a stablecoin and not a layer-1 network, it has no consensus algorithm of its own and instead settles on whichever underlying chain the tokens are held.

The data stored for TUSD does not include a fee revenue stream, which means fee-based measures such as protocol earnings or fee yield that this site calculates for other assets are not applicable here. The token generates no on-chain fee income that is captured in this dataset, so readers should not interpret any derived ratio as reflecting a revenue-generating protocol. The 30-day stablecoin supply change stands at 0.0, indicating no net expansion or contraction of circulating supply over that period, which is consistent with a token whose economics are driven by redemption activity rather than protocol fees.