TUSD TrueUSD Rank #104

TrueUSD (TUSD) is a fiat-collateralized stablecoin pegged one-to-one with the United States dollar. Issued on multiple public blockchains including Ethereum, TRON, Avalanche, BNB Chain, Fantom, and Polygon, TUSD is designed to maintain price stability by holding equivalent USD reserves for every token in circulation. The project distinguishes itself through a focus on transparency and independent verification. TUSD was among the first digital assets to publish real-time, on-chain attestations performed by a specialized U.S.-based accounting firm, allowing users to confirm that the reserve ratio and collateralization rate remain at 100%. The integration of Chainlink Proof of Reserve further reinforced the verification process for minting activities. Reserve data is accessible to the public through the project's official website. TrueUSD operates within the regulated digital asset space and was granted statutory status as an authorized digital currency and medium of exchange in the Commonwealth of Dominica. The token is widely available across more than one hundred trading platforms and is categorized among fiat-backed stablecoins, with backing from investors that have included Andreessen Horowitz (a16z).