thUSD

On March 18th, the privacy network Threshold Network announced that the US dollar stable currency thUSD test network based on tBTC has been launched. This stable currency uses the Liquidity protocol mechanism for reference, and uses tBTC (a derivative token generated by Ethereum through a cross chain solution of Threshold Network) as collateral to generate USD stable currency thUSD. Interpretation of this information: Threshold Network has made an exciting announcement on the 18th March regarding the release of the US dollar stable currency thUSD test network. This latest release is…

According to the official news, the privacy network Threshold Network announced that it would launch the US dollar stable currency thUSD based on tBTC. The stable currency uses the Liquidity protocol mechanism for reference, and uses tBTC (bridging Bitcoin to the derivative token generated by Ethereum through the cross-chain solution of Threshold Network) as the collateral to generate USD stable currency thUSD. Interpretation of this information: Threshold Network has recently announced the launch of a new stable currency called thUSD, which will be based on tBTC. This comes as great…