TSUD has been listed on the HECO chain recently, adding another compliant stablecoin to HECO’s system. Users are now able to transfer TUSD to HECO via Huobi Global.
TUSD (TrueUSD)(www.trueusd.com), issued in 2018, is pegged 1:1 to USD and is the world’s first digital asset audited by independent third-party agencies. TUSD’s market cap once reached $1.7 billion. In addition to its native public chain — Ethereum, TUSD has also issued assets on TRON, Avalanche, BSC, HECO, and many other leading public chains and has been deeply involved in building the DeFi ecosystems on platforms like SushiSwap\PancakeSwap (decentralized exchange), Curve\Ellipsis (stablecoin swap protocol), Compound AAVE (lending protocol), Alpaca (leveraged yield farming protocol), and other leading segments. It performs very well on TVL, APY, utilization rates, etc.
How will TUSD synergize with the HECO ecosystem?
The MainNet of Huobi Eco Chain (HECO) boasts higher trading performance, lower handling fees, and smoother cross-chain transfer of mainstream assets. As a compliant stablecoin invited to HECO, TUSD will work in synergy with the HECO ecosystem in multiple use cases including lending, mining, leverage, and insurance, to boost users’ earnings. On top of that, TUSD will select projects with higher market cap, more active transactions, better circulation and more lucrative protocols for users, and closely engage itself in user incentive schemes.
HECO projects to be launched by TUSD in the first round
More quality projects to come …
The above is our forthcoming TUSD listing on HECO. For more information, please follow us on social media⬇
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