# TrueUSD

> Digital Currency Built for the New Global Payment System

TrueUSD issues a USD-pegged stablecoin backed by reserves held in escrow accounts with real-time on-chain attestations by independent third-party institutions.

TrueUSD operates as a stablecoin issuer providing USD-backed digital tokens through smart contract infrastructure on multiple blockchain networks. The protocol utilizes Chainlink Proof of Reserve technology for real-time verification of underlying reserve coverage, supported by Moore Hong Kong for daily attestation services. Users can mint and redeem tokens through escrow accounts while maintaining transparency through publicly available audit reports.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2020-10-01
- Profile: https://thegrid.id/profiles/trueusd

## Products

- [TrueUSD Stablecoin Issuance](https://thegrid.id/profiles/trueusd): TrueUSD Stablecoin Issuance platform enabling users to mint and redeem TUSD tokens backed by USD reserves held in escrow accounts. The system uses smart contracts for automated minting and redemption processes with Chainlink Proof of Reserve integration for real-time verification of reserve coverage. Daily attestations by Moore Hong Kong provide transparency for the collateralization ratio. (Stablecoin Issuer, Live, Main Product)

## Assets

- [TrueUSD (TUSD)](https://thegrid.id/profiles/trueusd): TUSD is a USD-pegged stablecoin issued by TrueCoin. It is used for payments, trading, and as collateral in DeFi protocols across multiple blockchains. The stablecoin utilizes smart contracts for minting and redemption via real-time on-chain verification of underlying reserve coverage, supported by Chainlink Proof of Reserve to enable users to verify backing at any time. (Stablecoin)

## Links

- [Main](https://tusd.io)
- [Privacy policy](https://app.tusd.io/privacy-policy)
- [Blog](https://trueusd.medium.com)
- [Terms of Service](https://app.tusd.io/terms-of-use)
- [Instagram](https://instagram.com/truly_tusd)
- [Twitter / X](https://x.com/tusdio)
- [Discord](https://discord.com/invite/HZM57pVkkk)
- [YouTube](https://www.youtube.com/@trueusdofficial1014)
- [Telegram](https://t.me/TrueUSD_ANN)

## Legal

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Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP