Threshold Network launches decentralized stablecoin thUSD that is soft pegged to the US dollar
2024-04-01 23:17:11
Threshold Network announced the launch of a decentralized stablecoin, Threshold USD (thUSD), which is soft pegged to the US dollar. The stablecoin collateral is Bitcoin and Ethereum, which may be opaque and typically stored off chain compared to other stablecoin reserves, allowing users and stakeholders to verify on chain collateral in real-time.
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