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

Bank of Canada keeps rates unchanged for the seventh consecutive time: Tariff wars increase inflation risk, 63% of analysts bet on a shift to rate hikes in the first half of 2027

On September 2, the Bank of Canada held its overnight rate at 2.25% for the seventh consecutive time. However, as the US-Canada tariff war has escalated and inflation risks have intensified, the market has shifted to betting on a rate hike. Governor Macklem warned that trade frictions will threaten the sustainability of the recovery. 63% of analysts expect the Bank of Canada to raise rates in the first half of 2027, while market pricing has shifted from expectations of easing to preparing for tightening in a stagflation scenario.

华尔街见闻2026/09/02 22:31