TrueUSD

On-chain AUM$484.18m

Platform totals

Live assets1

Chains4

DeFi TVL$3.75m

DeFi TVL / AUM0.78%

Confirmed attestations1 / 1

Primary accessPermissionless (1)

Totals for filtered assets

$484.18m

$3.75m

Assets Rankings

Name	Asset Group
TrueUSDTUSD	Fiat Currencies	$1	$484.18m	$484.18m	$3.75m	0.78%			TrueUSD	Fiat Stablecoins	USD Stable	Permissionless	Asset	RWA	Techteryx Ltd.	Yes	Yes	Yes	Yes		Yes	Yes

About TrueUSD

TrueUSD issues a fiat-backed stablecoin maintained at parity with its reference currency through reserve backing and redemption mechanisms. It enables fast, low-cost settlement of stablecoin transactions.

USD StableFiat StablecoinsPermissionless

Website Docs

Profile

Founded: 2018
Headquarters: British Virgin Islands
Primary chain: Ethereum
Parent platform: TrueUSD
Issuer: Techteryx Ltd.

Economics & revenue

Mint fee0 bps

Redemption fee0 bps

Float incomeYes

Revenue confidenceIssuer-Disclosed

Fees last verified2026-07-09

Attestations & milestones

2025-11Dubai court freezes about 456 million dollars in Aria linked assets
2025-04Hong Kong filings reveal the reserve diversion and Sun bailout
2024-09SEC settles charges against TrueCoin and TrustToken
2023-03Binance makes BTC TUSD its only zero fee Bitcoin pair
2020-12TUSD business sold to Techteryx
2018-03TrustToken launches TrueUSD

Revenue methodology & documents

TUSD charges no minting or redemption fees with a 1000 dollar redemption minimum. The February 2026 whitepaper states TUSD may collect interest on reserve deposits and pays none to users. Note the extensive reserve controversy history when weighing attestations.

Issuer registry, regulation & leadership

Founders and leadership

Li Jinmei — ultimate beneficial owner of Techteryx per court filings Techteryx CEO unknown

Regulatory status

Operator Techteryx Ltd. is a BVI company with no publicly disclosed stablecoin or money transmission license. The former US issuer TrueCoin LLC and TrustToken Inc. settled SEC fraud and registration charges in September 2024 over false fully backed marketing. Roughly 456 million dollars of reserves are litigated across Hong Kong, Singapore, and Dubai after diversion to Aria Commodities DMCC, with Justin Sun having provided emergency liquidity support.

Entity structure

TUSD was created by TrustToken Inc. through TrueCoin LLC and sold to BVI incorporated Techteryx Ltd. in early 2021, with Techteryx assuming full management in July 2023. Reserves were held by fiduciaries including First Digital Trust of Hong Kong, an arrangement now in litigation across three jurisdictions.

Issuer source