TRUST: The Travel Rule Universal Solution Technology

Introduced in 2022, TRUST is a global Travel Rule compliance solution collaboratively developed by a coalition of VASPs committed to meeting regulatory obligations while safeguarding customer privacy and data security. 

Why Has TRUST Emerged as a Solution for VASPs? 

Many VASPs have sought to become members of TRUST as it: 

• sends encrypted Travel Rule information directly between members, without storing personal data centrally, reducing the risk of breaches or misuse.

• verifies that the receiving VASP controls the destination address before sharing customer information, ensuring data is sent securely to the correct party.

• requires that members meet strict AML, security, and privacy standards, with support from their compliance partner.

Moreover, TRUST is expanding globally to support growing Travel Rule requirements, with members including leading exchanges, brokerages, custodians, and wallet providers.