Users mint and redeem TUSD through platforms integrated with TrueUSD’s ecosystem, where USD is held in escrow accounts managed by third-party trust companies, and TUSD is minted or burned at a 1:1 rate.

TrueUSD is the first USD-pegged stablecoin to deploy daily attestations for its underlying reserves by independent third-party institutions. It's also the largest stablecoin on Tron.

Archblock is a private company with investors like BlockTower Capital, a16z etc. As of December 2020, Techteryx had acquired ownership and management of TUSD.

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