Market

TrueUSD launches a new stablecoin pegged to offshore Chinese Yuan

TrueUSD Launches TCNH, a TRON-Based Stablecoin Pegged to Offshore Chinese Yuan

The TrueUSD team is launching a new stablecoin called TCNH, which is pegged to the offshore Chinese Yuan at a 1:1 ratio.

TCNH will be available on the TRON blockchain and will offer users the ability to obtain, hold, and trade the token.

TCNH is a safe and transparent stablecoin that is compliant with all legal and technical requirements and is audited by leading accounting firms.

This new product provides an option for millions of users on the TRON blockchain and represents TrueUSD’s commitment to digitizing traditional fiat currencies and connecting the cryptocurrency world with the real world.

TCNH will join a diverse range of stablecoin offerings for global users. TUSD Director of Marketing and Business Development, Annabel Gan, commented on the launch, stating that TCNH will strengthen TrueUSD’s position in digital currency infrastructure and contribute to its goal of creating a trustworthy and decentralized global payment network.

Tags

I'm a crypto, blockchain, and tech writer. I spend my time researching and writing about cryptocurrency and new technology.