{"id":71579,"date":"2022-12-16T20:00:00","date_gmt":"2022-12-16T18:00:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=71579"},"modified":"2025-09-08T09:44:40","modified_gmt":"2025-09-08T06:44:40","slug":"trueusd-team-unveils-yuan-backed-stablecoin-on-tron-network","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/trueusd-team-unveils-yuan-backed-stablecoin-on-tron-network\/","title":{"rendered":"TrueUSD team unveils yuan-backed stablecoin on TRON network"},"content":{"rendered":"

The TrueUSD (TUSD) team announced the launch on the TRON blockchain of the yuan-pegged stablecoin TCNH. ForkLog was informed by project representatives.<\/p>\n

According to the press release, the ‘stablecoin’ meets all legal and technical requirements and is undergoing checks by leading auditors.<\/p>\n

\n

‘We believe that TCNH will further strengthen our position in the digital-currency infrastructure and contribute to efforts to create a reliable and decentralised global payment network,’ said Annabelle Gan, Director of Marketing and Business Development at TUSD.<\/p>\n<\/blockquote>\n

As of writing, TrueUSD ranks seventh among stablecoins by market capitalization, at $752.9 million.<\/p>\n

\"Snimok-ekrana-2022-12-16-v-19
\u0414\u0430\u043d\u043d\u044b\u0435: CoinGecko<\/a>.<\/figcaption><\/figure>\n

In 2019, the TrustToken platform signed a partnership with accounting firm Armanino, enabling traders to monitor in real time TUSD’s fiat-dollar backing.<\/p>\n

Earlier in December 2022, Tether released CNH\u20ae<\/a> on the offshore yuan in the Tron network.<\/p>\n

Read ForkLog’s Bitcoin news in our Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"

The TrueUSD (TUSD) team announced the launch on the TRON blockchain of the yuan-pegged stablecoin TCNH, pegged to the offshore Chinese yuan. ForkLog was informed by project representatives.<\/p>\n","protected":false},"author":1,"featured_media":71580,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[807,951,966],"class_list":["post-71579","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-stablecoins","tag-tron","tag-trueusd"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/71579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=71579"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/71579\/revisions"}],"predecessor-version":[{"id":71581,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/71579\/revisions\/71581"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/71580"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=71579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=71579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=71579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}