TUSD Stablecoin. What Is TrueUSD and How It Works
TUSD (TrueUSD) is a fiat-backed stablecoin pegged 1:1 to the U.S. Dollar. It was one of the first regulated stablecoins to publish real-time attestation reports, proving that every token in circulation is fully backed by dollars held in escrowed accounts.
With Oobit, you can use TUSD to pay anywhere Visa is accepted or instantly convert it into local currency for daily spending.
TrueUSD is a U.S. Dollar–pegged stablecoin launched by TrustToken (now Archblock). It allows users to hold and transfer digital dollars transparently and securely.
Each TUSD token is backed by U.S. Dollar reserves held in independent trust accounts. These balances are verified by third-party attestation providers that publish real-time audit reports, ensuring every token remains fully collateralized.
TUSD was created to make stablecoins safer and more transparent. It focuses on regulatory compliance, on-chain proof of reserves, and institutional-grade reliability.
This transparency has made TUSD one of the most trusted fiat-backed stablecoins, frequently used by exchanges, DeFi protocols, and payment platforms seeking a compliant digital dollar alternative.
When users deposit U.S. Dollars through Archblock’s verified partners, an equal number of TUSD tokens are issued on-chain. Each token can be redeemed for one dollar at any time.
Smart contracts automatically manage minting and burning, while audit firms confirm that the total supply of TUSD always matches its underlying reserves.
Although TUSD is backed by fiat reserves and audited regularly, users should consider potential regulatory, custodial, and liquidity risks. Like all stablecoins, its stability depends on the integrity of its issuers and partners.
Archblock (formerly TrustToken)
Real-time audits published by independent providers
Oobit + $USDt for payments in real-life.
BNB Chain is teaming up with Oobit to enable everyday purchases, like buying coffee, with stablecoins, making crypto transactions more practical and affordable.
Just like Apple Pay®, the Oobit app allows you to shop, grab a coffee, then Tap & Pay with $USDt-TON & $TON.
TUSD
FAQ
How to Use TUSD with Oobit
With Oobit, TUSD becomes instantly spendable. Pay in stores that accept Visa, shop online with Apple Pay and Google Pay, or convert TUSD into local currency through PIX or compatible cash-out options.