Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Threshold Network launches thUSD, a decentralized stablecoin softly pegged to the US dollar

Threshold Network launches thUSD, a decentralized stablecoin softly pegged to the US dollar

2024/04/01 15:18

ChainCatcher news, according to official news, Threshold Network announced the launch of Threshold USD (thUSD), a decentralized stablecoin softly pegged to the U.S. dollar. The collateral for this stablecoin is Bitcoin and Ethereum. Unlike other stablecoins, the reserves may be opaque and often Storage differs off-chain, allowing users and stakeholders to verify on-chain collateral in real-time.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The 18-year S&P 100 inclusion will come to an end! Nike (NKE.US) urgently clarifies: It remains an S&P 500 constituent.

Nike is about to be removed from the S&P 100 Index, ending its nearly 18-year history as a component. In response to market questions regarding this development, Nike's investor relations team emphasized that this adjustment only pertains to the S&P 100 Index, and Nike remains a constituent of the S&P 500 Index.

智通财经2026/09/09 22:31
The 18-year S&P 100 inclusion will come to an end! Nike (NKE.US) urgently clarifies: It remains an S&P 500 constituent.