thUSD

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. Threshold Network, a private network, will launch thUSD, a stable dollar based on tBTC Analysis based on this information:Threshold Network, a privacy network, has announced the launch of the US dollar stablecoin thUSD which is based on tBTC collateral. The stable currency will use the Liquidity protocol mechanism for reference, and 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. Stablecoins are digital currencies designed to maintain a stable value relative to another asset or group of assets. These stablecoins serve…