What type of currency is TUSD? Is it safe?

What type of currency is TUSD? Is it safe?

This collection explores TrueUSD (TUSD), a stablecoin pegged to the US dollar. It covers how TUSD maintains its value, its role in trading and payments, and its position within the stablecoin market, offering insights into its stability, usage, and potential risks.

7 articles
Justin Sun bailed out $500M stablecoin TUSD, report Justin Sun bailed out $500M stablecoin TUSD, report
Court filings in Hong Kong and reporting from CoinDesk have revealed that Techteryx, the firm behind TrueUSD, required a loan from Justin Sun after its reserves became stuck in First Digital Trust and it became effectively insolvent, unable to redeem its
2025-11-04 15:07
Justin Sun quietly rescues TUSD after $456 million reserves become illiquid Justin Sun quietly rescues TUSD after $456 million reserves become illiquid
The filings in Hong Kong courts accuse multiple parties of fraudulent misrepresentation and misappropriation of TUSD reserves.
2025-11-04 15:05
Justin Sun Comments on Alleged Fraud Involving TUSD Reserves Justin Sun Comments on Alleged Fraud Involving TUSD Reserves
Justin Sun, the founder of Tron (TRX), has accused First Digital Trust (FDT) of orchestrating a major financial scandal involving the misuse of reserves backing the TUSD stablecoin.
2025-11-04 15:04
Justin Sun Says Decision To Save TUSD ‘Didn’t Come Easy’ Justin Sun Says Decision To Save TUSD ‘Didn’t Come Easy’
Tron founder Justin Sun has stepped in with a staggering $500 million bailout to rescue the TUSD stablecoin from a deepening crisis.
2025-11-04 15:02
Justin Sun Welcomes Legal Action in TUSD Reserve Dispute Justin Sun Welcomes Legal Action in TUSD Reserve Dispute
Justin Sun, the founder of Tron, has embraced the possibility of legal action in the ongoing conflict with First Digital Trust (FDT) over the management of TrueUSD’s (TUSD) reserves.
2025-11-04 15:01
Justin Sun Accuses First Digital Trust of $500M Misappropriation, Prompting FDUSD Depeg and TUSD Bailout Justin Sun Accuses First Digital Trust of $500M Misappropriation, Prompting FDUSD Depeg and TUSD Bailout
Justin Sun, founder of the Tron blockchain, has accused First Digital Trust (FDT) of misappropriating $500 million in client reserve funds, leading to a significant depeg of the stablecoin FDUSD.
2025-11-04 14:59
What Is TrueUSD (TUSD) Stablecoin? What Is TrueUSD (TUSD) Stablecoin?
TrueUSD, or TUSD, is an ERC20 stablecoin fully backed by the US dollar. It provides its holders with legal protections and real-time audits.
2025-09-13 17:27