If truly means literally, then no.
I believe Jesus meant it when He said “I tell you the truth, if you do not eat my flesh and drink my blood, you have no life in you.”
Just like when He said “I tell you the truth, you must be born again.”
I don’t believe there’s a “real presence” of a giant uterus, though. I also don’t believe there’s a “real presence” of flesh and blood in the bread and wine- nor was there when Jesus handed the bread and wine to His disciples.
Jesus had a body. He was sitting there with His disciples. He didn’t put his body or blood in the bread or wine. It was still in one piece sitting with them.
And you know something else? It’s weird to think about, but Jesus still has a body. He was resurrected and then “taken up.” I don’t think His body was destroyed. I assume He was wearing clothes. And He was taken up. Maybe the clothes were destroyed and He got new ones. I’d buy that theory. But I don’t think His body was.
It’s a little weird to think about someone’s body ceasing to occupy our space and time and being taken away to some unseen destination. But apparently, that’s what happened. And unless you can give me some reason to think Jesus’ body was destroyed at some point, I think I have to assume it continues to exist incorruptible.
Food for thought? Maybe. I don’t know. Do with it as you please.
Anyway, Communion is something we do in remembrance of Jesus. That sounds pretty straightforward to me. But hey, agree to disagree. I don’t think this will make you think twice about transubstantiation, but maybe you’ll get something out of my musings about His body being taken up.