TrueUSD launches TRON-based stablecoin TCNH pegged to Offshore Chinese Yuan
The TrueUSD (TUSD) team announced the release of a new stablecoin, TCNH, linked to the Offshore Chinese Yuan (CNH) at a 1:1 ratio. TCNH will be deployed on the TRON (TRX) blockchain, where users can buy, hold, and trade the token. Offshore currencies are defined as those that are held and exchanged outside of the nation that issued them while also not being subject to the financial restrictions of the issuing country. They are often used for foreign currency reserves, overseas investments, and international settlements. TrueUSD products, it is audited by some of the most prestigious accounting firms in the world.
Source
https://t.me/Terra_Luna_Tron
