# tUSD

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**tUSD is being sunset. Users will only be able to redeem tUSD** [**https://app.eclipse.xyz/mint-tusd**](https://app.eclipse.xyz/mint-tusd) **and will not be able to mint new tUSD.**
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## Turbo USD (tUSD)

tUSD is a yield-bearing stablecoin on Eclipse that earns yield from short-term U.S. Treasury Bills. It aggregates returns from Centrifuge’s JTRSY, Superstate’s USTB, and M^0, offering users a stable, appreciating asset backed by real-world treasuries.

## Overview

Users can now earn U.S. Treasury Bill Yield on a stablecoin natively on Eclipse through tUSD.

tUSD is equally backed (33.3% each) by:

* Centrifuge's JTRSY: A tokenized fund investing in short-term U.S. Treasury Bills.
* Superstate's USTB: A fund focusing on short-duration U.S. Treasury Bills.
* M^0: Infrastructure that powers builders of safe, programmable, interoperable stablecoins with U.S. Treasury Bills as collateral.

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Contract Address: [27Kkn8PWJbKJsRZrxbsYDdedpUQKnJ5vNfserCxNEJ3R](https://eclipsescan.xyz/token/27Kkn8PWJbKJsRZrxbsYDdedpUQKnJ5vNfserCxNEJ3R)
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## Minting and Redeeming

Users can mint the stablecoin by depositing USDC on Ethereum at [app.eclipse.xyz/mint-tusd](http://app.eclipse.xyz/mint-tusd)\
 or swapping from USDC on Eclipse at [amm.skatechain.org/swap](http://amm.skatechain.org/swap).

Similarly, users can redeem the stablecoin for USDC on Ethereum at [app.eclipse.xyz/mint-tusd](http://app.eclipse.xyz/mint-tusd) or swap instantaneously from tUSD to USDC on Eclipse at [amm.skatechain.org/swap](http://amm.skatechain.org/swap).

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**Note**: it can take up to 7 days to redeem via [app.eclipse.xyz/mint-tusd](http://app.eclipse.xyz/mint-tusd)
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### Yield

Yield is accrued over time from U.S. Treasury Bills.

The stablecoin operates on an exchange rate model, similar to Compound's cTokens, where its value appreciates over time based on the yields from the underlying U.S. Treasuries.