Driving Digital Financial Innovation
Following the establishment of federal stablecoin issuance standards under the GENIUS Act, TruStage swiftly announced its USD-backed stablecoin pilot project, TSDA. Issued by a TruStage affiliate, the stablecoin maintains a 1:1 cash reserve ratio, offering credit unions an efficient payments solution.
Pilot Program Details
Scheduled to launch in the first half of 2026, the pilot primarily targets U.S. credit unions. TSDA will facilitate loan disbursements, cross-border payments, and inter-cooperative settlements, significantly enhancing transaction speed and security.
Strategic Partnership
Collaborating with Block Time Financial provides the project with robust technological infrastructure and financial compliance support. Together, both parties aim to build a secure and efficient blockchain-based payment ecosystem that revitalizes traditional financial systems.