Fintech giant TruStage is launching the US dollar stablecoin TSDA

Deep Tide TechFlow News, February 25 — According to The Block, American fintech company TruStage is launching a dollar-pegged stablecoin called TSDA, which will be issued in partnership with blockchain technology firm Block Time Financial. TruStage reportedly has business relationships with 93% of U.S. credit unions, primarily offering insurance products and investment solutions.

The TSDA stablecoin will be issued and maintained with a 1:1 cash reserve by TruStage’s subsidiary, while Block Time will provide operational support such as security protocols and digital account features. TruStage is currently recruiting credit unions to join its pilot program, which is scheduled to run in the first half of 2026.

TruStage states that TSDA is expected to be used for loan financing and settlement, peer-to-peer transactions, cross-border payments, and settlement and payments between credit unions. According to Standard Chartered, the total market capitalization of all stablecoins is projected to reach $2 trillion by the end of 2028.

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