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TrueCNH is a stablecoin that operates on the TRON blockchain, pegged to the offshore Chinese yuan (CNH) at a 1:1 ratio. This peg ensures that TrueCNH maintains stability in value, reducing the price volatility commonly associated with cryptocurrencies. Developed by the experienced TrueUSD team, TrueCNH serves as a sister product to TUSD, aiming to create a seamless bridge between traditional and digital currencies.
The overarching goal of TrueCNH is to promote a robust digital environment while facilitating overseas transactions. By maintaining the stability of the CNH, TrueCNH provides users with the convenience of cryptocurrency for various applications, ranging from digital payments to investment opportunities.
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