TrueUSD Team Launches Yuan-based Stablecoin on Tron Network
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The team of developers of TrueUSD (TUSD) has announced the launch of the TCNH stablecoin, which is pegged to the Chinese yuan on the Tron blockchain.
According to the press releases shared by the developers, the stablecoin meets all legal and technical requirements, and is also being audited by leading auditors.
Annabel Gan, director of marketing and business development for TUSD, has explained:
“We believe that TCNH will further strengthen our position in the digital currency infrastructure and contribute to efforts to build a trusted and decentralized global payment network.”
TrueUSD is currently the 7th largest stablecoin in the market with a capitalization that exceeds $750 million.
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