TrueUSD
TrueUSD (TUSD) is a pioneering USD-pegged stablecoin, fully collateralized by independently audited reserves with live on-chain attestations, enabling transparent and compliant digital dollar transactions across multiple blockchains.
Industry
Finance & Insurance
Market Categories
Stablecoin Issuers
Business function (Horizontal)
Finance
Headquarters Location
San Francisco, CA, USA
Product Name
TrueUSD
Parent Company
Techteryx
Founder
Rafael Cosman, Tory Reiss, Jai An, Stephen Kade
Web2vsWeb3
Access Model
API
Target Users
Any company
Competitors
Other stablecoin issuers (Tether, Circle, Paxos, PayPal, Frax Stablecoin, MakerDAO, etc.), traditional payment providers (Stripe, Square, PayPal), and other DeFi protocols (Aave, Compound, Curve Finance).
Business Function (stablecoins)
Issuance & Redemption, Reserve Management, Compliance & Regulatory Oversight
Feature completness
Product differentiation
First USD-pegged stablecoin with daily/real-time on-chain attestations of reserves. Integration of Chainlink Proof of Reserve. Uses multiple escrow accounts for enhanced security. Statutory legal tender status in Dominica. No minting/redemption fees.
Privacy & Data protection certificate
Years in business
7.49
Employees
Horizontal Applications
Peer-to-Peer (P2P) Payments, E-commerce Transactions, Payment Rail, Settlements, Lending & Borrowing, Remittances
Tech stack modernity
Utilizes Ethereum blockchain (ERC-20 standard) and other Layer 1/Layer 2 blockchains (TRON, BNB Smart Chain, Avalanche, Polygon, Arbitrum, Fantom, Aurora). Employs smart contracts and integrates Chainlink PoR.
Product Roadmap
Implied focus on continued multi-chain expansion, deepening ecosystem integrations, and maintaining regulatory compliance.
Product Roadmap
Implied focus on continued multi-chain expansion, deepening ecosystem integrations, and maintaining regulatory compliance.
API Quality
Production-Ready
Documentation Link
Enterprise readiness
High technical readiness for integration (APIs, multi-chain) and scalability. Strong strategic alignment with transparency and regulatory compliance. However, no explicit Service Level Agreements (SLAs) found in publicly available information.
Security & Compliance Readiness
Real-time on-chain attestations, multiple escrow accounts, smart contract audits (Certik). Compliance: Regulated by Nevada Department of Business Industry, Financial Institutions Division. Fully compliant with US regulations. Statutory legal tender in Dominica. (No explicit SOC 2, GDPR, HIPAA, or ISO 27001 certifications found for TUSD itself in provided materials).
Documentation quality assessment
Comprehensive for transparency and technical aspects, covering reserve attestations, API functionalities, and developer guides.
Support Methods
Provides online support via a help center and FAQs. Community support is available via GitHub repository and a general community forum. (No explicit average response times or dedicated account managers mentioned).
Critical capabilities
ERC-20 compliant token, operates on 12+ major blockchains (Ethereum, TRON, BNB Smart Chain, Avalanche, Fantom, Polygon, Arbitrum, Cronos, Aurora), Smart contracts for minting/redemption, Chainlink Proof of Reserve (PoR) integration for real-time reserve verification, Automated minting/burning system.
Support & Account Management
Provides online support via a help center and FAQs. Community support is available via GitHub repository and a general community forum. (No explicit average response times or dedicated account managers mentioned).
51 Score™
472.08
Product & Service
68.0
Stability & Maturity
43.3
Technology & Innovation
40.0
Enterprise Readiness
37.5
Categorization
Founder
Rafael Cosman, Tory Reiss, Jai An, Stephen Kade
Parent Company
Techteryx
Market category
Stablecoin Issuers
Target Users
Any company
Top competitors
Other stablecoin issuers (Tether, Circle, Paxos, PayPal, Frax Stablecoin, MakerDAO, etc.), traditional payment providers (Stripe, Square, PayPal), and other DeFi protocols (Aave, Compound, Curve Finance).
