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TruStage To Launch TSDA, Bringing Stablecoin Infrastructure To Community FIs


MADISON, Wis.— TruStage Tuesday today announced the planned launch of TruStage Stablecoin (TSDA), a fully reserved U.S. dollar stablecoin.

At its core, TSDA is designed to broaden access to digital payment infrastructure for community-based financial institutions, TruStage explained.

TruStage_Standard_Logo_RGB

“A trusted partner of credit unions for more than 90 years, TruStage currently works with more than 93% of 4,300+ credit unions nationwide, which collectively hold more than $2 trillion in assets. TruStage Stablecoin will be among the very first stablecoins specific to community based financial institutions and is supported by decades of industry relationships, financial strength, and operational excellence,” TruStage said.

“In my career working with credit unions, I’ve never witnessed the level of engagement surrounding any technology advancement similar to what I’m seeing with stablecoin solutions right now,” said Brian Kaas, president and managing director of TruStage Ventures, the venture capital arm of TruStage. “The regulatory clarity of the GENIUS Act created a buzz among these institutions, who increasingly recognize stablecoins as a powerful payment rail for financial institutions rather than speculative crypto assets. We are working toward a collaborative stablecoin model where credit unions can thrive.”

Strategic partnership With Block Time Financial

TruStage Stablecoin is the product of a strategic collaboration between TruStage and Block Time Financial, a provider of blockchain solutions incorporating regulatory compliance into its technology.

  • TruStage will act as the issuer for TSDA
  • Block Time Financial will provide blockchain infrastructure and operational support, including security protocols and digital account capabilities

“We’re thrilled to see stablecoins gaining traction within financial institutions as an emerging payment infrastructure, yet one of the largest untapped segments is credit unions,” said Bruce Rosenheimer, CEO of Block Time Financial. “The strong history and trust TruStage has built with credit unions allows it to create a widely adopted solution for the whole industry. We are excited to be part of this endeavor.”

Modern Money Movement

Together, TruStage and Block Time aim to deliver a modern digital payment infrastructure for community-based financial institutions that increasingly expect instant, low-cost money movement and seamless integration for their institutions and members, TruStage said.

Expected use cases include:

  • Settlements and disbursements among credit unions
  • Faster funding for a variety of loan types
  • Quickly settling loan participations
  • More convenient access and lower fees for peer-to-peer transactions, bill pay and merchant purchases
  • Lower-friction cross-border payments, including for military members stationed abroad

Ready to Launch

TruStage said it is now recruiting credit unions to join its initial pilot launch of the program in the first half of 2026, with plans to expand eligibility to additional credit unions in the future. No entry fee is planned for participants.

“Stablecoins are changing how people and institutions move money, and they offer a valuable opportunity to expand access to financial services, which aligns with the TruStage mission,” said Terrance Williams, president and CEO of TruStage. “We’re committed to meeting partners and consumers where they are and creating innovative solutions to strengthen trust and inclusion in the digital economy.”

TruStage added that it continues to explore operating structures that will benefit the credit union industry. Pending regulatory approvals, TruStage Stablecoin will be issued by an affiliate of TruStage, rated “A” (Excellent) by AM Best4. TruStage will manage reserves with dedicated oversight, maintaining 1:1 cash backing for all issued stablecoins, ensuring stability and minimizing risk, the company said.

Credit Unions interested in participating in the launch of TruStage Stablecoin can express interest here.

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