Hot : Tron Launches Chinese Currency Stablecoin

in Account Booster 👍2 years ago

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Tron network is set to introduce a Chinese currency-pegged stablecoin TCNH.The issuer of TUSD stablecoin will also take charge of the TCNH

The Tron network (TRX) is launching the equivalent of a central bank digital currency (CBDC) on the blockchain with the Chinese currency, TrueCNH (TCNH)

Justin Sun, the Huobi Global crypto exchange advisor, recently commented on the TRON-based stablecoin, TCNH, pegged to offshore Chinese Yuan (CNH) at a one-to-one ratio. Sun, the founder of the Tron blockchain, said:
It is anchored one-to-one with the offshore RMB, and there are no restrictions on purchase and exchange. In the future, the Chinese government will be open and optimistic about cryptocurrencies

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