TruStage Moves to Launch Dollar-Pegged Stablecoin for U.S. Credit Unions

TruStage introduces TSDA stablecoin pilot for credit unions, targeting payments, lending, and cross-border settlements.

Fridah Kangai
February 25, 2026
1:15 pm

Fridah Kangai

Fridah Kangai is a dedicated crypto journalist with a sharp eye for market trends, blockchain innovation, and digital asset movements. She specializes in breaking down complex topics into clear, engaging stories for both seasoned investors and curious newcomers. With a passion for decentralization and a pulse on the ever-evolving crypto space, Fridah delivers timely, accurate, and insightful coverage. Her work bridges the gap between technology and everyday understanding in the world of cryptocurrency.

TruStage unveils dollar-backed stablecoin for U.S. credit unions
TSDA pilot program set for first half 2026
Credit unions test blockchain for settlements and lending

TruStage is preparing to introduce a dollar-pegged stablecoin designed for U.S. credit unions, marking a shift in how cooperative institutions approach digital payments. The company affirmed that it will form a partnership with Block Time Financial to develop the TruStage Stablecoin (TSDA), which will supply operational and technical infrastructure.

In this structure, the Block Time Financial will manage the security measures and online account functionality. In the meantime, one of TruStage’s affiliates will become the issuer and manage the token’s one-to-one cash reserves. Therefore, TSDA will have complete support in line with the new federal requirements concerning stablecoin issuers.

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Regulatory Backdrop Shapes Launch Strategy

TruStage Ventures President and Managing Director Brian Kaas associated the undertaking with the new federal law, called the GENIUS Act, which establishes United States federal regulations for issuing stablecoins. Kaas concluded that credit unions have shown substantial interest in stablecoin technology in recent months. He mentioned that the TSDA will be run on a collaborative, stablecoin model that fits the cooperative industry, as the company puts it.

Meanwhile, Congress is discussing bills on the wider crypto market structure. Banks and credit unions have raised concerns that yield-bearing stablecoins may drain savings and checking accounts. However, the TruStage model focuses on institutional coordination rather than retail yield offerings.

Pilot Program Targets Settlement and Lending Use Cases

TruStage has begun recruiting credit unions for a pilot program that will run through the first half of 2026. This is the stage in which the involved institutions will pilot TSDA in several areas of operation. The stablecoin is anticipated to be used by the company to finance loans and internal settlements. It is also expected to be used in peer-to-peer transactions and international remittances between credit unions.

Block Time Chief Executive Bruce Rosenheimer reported that stablecoins are gaining traction among financial institutions. Nevertheless, he noted that credit unions remain one of the least explored market segments. TruStage was established in 1935 and offers insurance, retirement planning, and investment services to credit unions.

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