Fintech and insurance company TruStage is piloting the issuance of its USD-denominated stablecoin, TruStage Stablecoin (TSDA). Issued by a TruStage affiliate and supported by technology and operations from Block Time Financial, TSDA will be backed 1:1 by cash reserves managed by TruStage. TruStage serves approximately 93% of U.S. credit unions, offering insurance, investment, and retirement financial products. This stablecoin project aims to provide credit unions with new payment infrastructure and explore the application scenarios of stablecoins within the traditional financial system following the implementation of the GENIUS Act.