TrueUSD team is launching a new product called TCNH, which is a stablecoin pegged to Offshore Chinese Yuan (CNH) at 1:1. TCNH will be deployed on one of the fastest growing public blockchains, TRON, where users can obtain, hold, and trade the token.

It is worth noting that TCNH is a stablecoin pegged to Offshore Chinese Yuan (CNH). By definition, offshore currencies are stored and traded outside the issuing country while not subject to its financial regulations. They are often used as foreign exchange reserves, or for international investments or settlements. TCNH is safe and transparent. Like other TrueUSD products, TCNH complies with all relevant legal and technical requirements and is audited by world-leading accounting firms.