Profile
TUSD profile facts
TrueUSD (TUSD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
- Collateral
- Daily Moore Hong Kong / Chainlink-attested TUSD reserves, currently modeled by Pharos as concentrated in opaque First Digital Trust fund investments with a small cash-at-depository-institutions balance.
- Peg mechanism
- Issuer-managed 1:1 USD redemption for eligible verified customers. Ethereum minting checks a configured Chainlink reserve feed while Proof of Reserve is enabled; the token owner can disable the check or change the feed, so it is not an immutable collateral constraint.
- Jurisdiction
- British Virgin Islands
- Proof of reserves
- Real-Time PoR by Moore CPA Limited; daily signed ISAE 3000 (Revised) reasonable-assurance reports at widget.verinumus.io, with the October 20, 2026 report reviewed. The engagement covers issued tokens and collateral at cost, not fund fair value or internal controls; management notes describe First Digital Trust redemption litigation and illiquidity. Reserve source
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
TUSD quick answers
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What is TrueUSD (TUSD)?
TUSD is a centralized dollar stablecoin from Techteryx with a Chainlink Proof-of-Reserve feed, though current reserves sit in opaque First Digital Trust funds. The static profile records its US Dollar peg mechanism as: Issuer-managed 1:1 USD redemption for eligible verified customers.
Is TUSD safe?
As of Oct 24, 2026, Pharos grades TUSD C+ (60/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to customers the issuer has verified. That is a middle-band grade: it meets baseline expectations but carries meaningful weaknesses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs TUSD?
Pharos records TUSD's reserves as of Oct 20, 2026 as 100% USD reserves (Moore Hong Kong attested). Reserve evidence: Real-Time PoR, latest period ending Oct 20, 2026. Pharos classifies the backing as Real-World Asset Backed.
Can TUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for TUSD, when applicable, appear in the live dossier on this page.
How do you redeem TUSD?
Under the route Pharos reviewed on Oct 7, 2026, customers the issuer has verified can redeem TUSD for a single stable asset, such as cash or a stablecoin. Settlement takes multiple days. The reviewed terms charge no percentage redemption fee. Whether a given holder qualifies is set by the route's own terms, not by this summary.
