TrueUSD
TUSDLive since March 2018, about 8 years. Machine-drafted, not yet checked by a person.
TrueUSD describes itself as a digital token pegged to the US dollar that publishes daily third-party checks on the dollars backing it. Its pages make no dated promises we could check. It trades at $0.9992, #106 of all coins by size, 38% below its highest ever price.
This week Nothing changed on its record.
No stated job or named backing. No dated promises on its pages. Nothing dated ahead. #9 of 66 fiat-backed stablecoins. Nothing to be careful of on the record.
Is it real?
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0 of 4
- –A real-world jobDoes it say what problem it solves, in a category that is not a joke?
- –Real backingA named investor, an index, a major exchange, or a billion-dollar size.
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- –Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.
Backed by Andreessen Horowitz (a16z)
- Origin5 March 2018about about 8 yearstusd.io, GitHub, Whitepaper
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingAndreessen Horowitz (a16z)Investor tags from CoinGeckoListed on Binance, KuCoin
- Standing on the recordNo recordNo dated promise to judge yet3 headlines last month, 1 about government14,639 people keep it on a CoinGecko watchlistNo corrections needed so far
It is already worth more than the typical coin in Fiat-backed Stablecoin ($27.97M). To match the leader, USDS ($9.86B), its price would need to rise 1896%, to about $19.94.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- Only 3 headlines named it last month
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
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Nothing dated
The project has not put a date on anything still open. That is a fact worth knowing.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
A stable digital dollar
18 coins we checked say they are for a stable digital dollar, worth $272.87B together. #9 of 18 by worth.
Fiat-backed Stablecoin: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
TrueUSD$494.12Mthis coin−0.0%no maxnone dated
USDS$9.86B20.0× bigger, +$9.37B+0.0%, gap +0.0no maxno record
Ethena USDe$4.68B9.5× bigger, +$4.18B+0.0%, gap +0.0no maxno record
Dai$4.59B9.3× bigger, +$4.09B−0.0%, gap +0.0no maxnone dated
Global Dollar$3.32B6.7× bigger, +$2.82B+0.0%, gap +0.0no maxnone dated
PayPal USD$2.87B5.8× bigger, +$2.38B+0.0%, gap +0.0no maxno record
Ripple USD$2.37B4.8× bigger, +$1.88B+0.0%, gap +0.0no maxno record
GHO$698.14M1.4× bigger, +$204.02M+0.0%, gap +0.0no maxnone dated
Fiat-backed Stablecoin: this coin next to USDS, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- TrueUSD says
- TrueUSD describes itself as a digital token pegged to the US dollar that publishes daily third-party checks on the dollars backing it.
- USDS says
- USDS is the stablecoin of the decentralized Sky ecosystem, designed to maintain a soft peg (a value intended to stay close) to the U.S.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
TrueUSD describes itself as a digital token pegged to the US dollar that publishes daily third-party checks on the dollars backing it.
Its listing puts it this way: TUSD is the first digital asset with live on-chain attestations by independent third-party institutions and is backed 1:1 with the U.S. dollar (USD).
Problem it says it solves: a stable digital dollar. 27 coins we have checked say the same; together they are worth $275,379,450,817.
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
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Fiat-backed Stablecoin: this coin next to the group's largest, USDS.
| TrueUSD | USDS | |
|---|---|---|
| Years trading | 9 years | 2 years |
| Major exchanges | 2 | 7 |
| Named backers | 1 | 0 |
| Headlines, last month | 3 | 16 |
| Promises delivered | no record | no record |
What it says is different: TUSD is the first digital asset with live on-chain attestations by independent third-party institutions and is backed 1:1 with the U.S. dollar (USD).
It is 5.0% the size of USDS. On the facts above it is behind on major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.
The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $1.62 on 26 August 2018. Today is 62% of that.
100%
of all TUSD that will ever exist is already out in public hands: 494.52M coins.
Nothing is held back. Every coin is already out.
out held back. Each dot is 1%.
Meant to stay at one dollar
Holding it is holding a copy of a dollar. It is not built to rise.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- 494.52Min circulation of 494.52M total. No hard maximum is set, so more can be created.
- of its all-time high of $1.62 on 26 August 2018. That is −38.3% from the top.
- #106by market cap, $494,116,009.
- 5 March 2018first block, as listed by CoinGecko.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
What the news says
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Headlines per day, last 30 days
3 headlines named this coin in the last month.
What they were about
- Lawsuit1
- Price1
- New Zealand Dollar(NZD) to Bridged TrueUSD(TUSD)
- TrueUSD's $456M court case gives defendant days to reveal legal funding source - or face court sanctionsGovernment
- TrueUSD (TUSD) Price, Chart & Market Cap
Headlines are the publishers' own. News is never placed next to price.
The record itself
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy
TrueUSD describes itself as a digital token pegged to the US dollar that publishes daily third-party checks on the dollars backing it.
“TrueUSD is the first USD-pegged stablecoin to deploy daily attestations for its underlying reserves by independent third-party institutions.”source · snapshot · captured 2026-09-10
Live since March 2018, about 8 years.
No dated or committed promises have been recorded yet.
Others in stablecoins: Synthetix 6 of 11, Cap 3 of 10, A7A5 0 of 3, Frax USD 0 of 1, and 4 more.No public code repository is listed in this record.
None of the project's captured pages has changed since capture began on 10 September 2026.
Nothing further to flag from the record as it stands.
This record was drafted by a machine from captured pages and has not yet been checked by a person. Treat every line as unverified until that note changes.