Theo(@Theo_Network):"What actually sits underneath thUSD?” It's the first question every allocator asks. For thUSD, the answer is specific at every layer: regulated custodians, segregated accounts, bankruptcy-remote structures, and none of it at a crypto-native venue. We work with bluechip institutions as counterparties: Standard Chartered, Wellington Management, Fidelity International, and StoneX. This topic is the focus of our first edition of Examining thUSD: Institutional Counterparties. 🧵

Theo

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Theo@Theo_Network

2026.07.07 22:09

"What actually sits underneath thUSD?” It's the first question every allocator asks. For thUSD, the answer is specific at every layer: regulated custodians, segregated accounts, bankruptcy-remote structures, and none of it at a crypto-native venue. We work with bluechip institutions as counterparties: Standard Chartered, Wellington Management, Fidelity International, and StoneX. This topic is the focus of our first edition of Examining thUSD: Institutional Counterparties. 🧵

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