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There are a few ways to verify TUSD and fiat currency.

• Check the blockchain: TUSD is an ERC-20 token, which means that it can be tracked on the Ethereum blockchain. You can use a blockchain explorer to see all of the transactions that have been made with TUSD.
• Check the reserve: TrustToken holds the fiat currency that backs TUSD in reserve. You can verify the reserve by going to the TrustToken website and clicking on the “Transparency” tab.
• Get a third-party audit: TrustToken’s reserves are audited by a third party on a regular basis. You can get a copy of the audit report by going to the TrustToken website and clicking on the “Audits” tab.

Here are the steps on how to verify TUSD on the blockchain:

1. Go to a blockchain explorer, such as Etherscan or Blockchair.
2. Enter the TUSD contract address, which is 0x0ab8560da31181d17861060279271c4460590417.
3. Click on the “Transactions” tab.
4. Scroll down to the “To” field and look for a transaction that has the TUSD contract address as the recipient.
5. Click on the transaction to view more details.
6. The “Value” field will show you the amount of TUSD that was sent in the transaction.

Here are the steps on how to verify the TUSD reserve:

1. Go to the TrustToken website.
2. Click on the “Transparency” tab.
3. Scroll down to the “Reserves” section.
4. The “Total Reserves” field will show you the total amount of fiat currency that is held in reserve.
5. The “Backing Ratio” field will show you the percentage of TUSD that is backed by fiat currency.

Here are the steps on how to get a third-party audit report:

1. Go to the TrustToken website.
2. Click on the “Audits” tab.
3. The “Audit Reports” section will list all of the audit reports that have been conducted on TrustToken’s reserves.
4. Click on the link to the audit report that you want to download.

By following these steps, you can verify that TUSD is backed by fiat currency and that the reserves are transparent.