The fintech giant TruStage is launching the dollar stablecoin TSDA

The American fintech company TruStage is launching a stablecoin pegged to the US dollar, TSDA, which will be issued in collaboration with the blockchain technology company Block Time Financial.

TruStage reportedly has business dealings with 93% of credit unions in the United States, primarily providing insurance products and investment solutions. The TSDA stablecoin will be issued by TruStage's affiliates and maintained with a 1:1 cash reserve, while Block Time will provide operational support such as security protocols and digital account functionalities. TruStage is currently recruiting credit unions to join its pilot program, which will run in the first half of 2026.

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