• TCNH, a stablecoin pegged to offshore Chinese Yuan (CNH), has been listed on Huobi.
• Users can acquire TCNH tokens through the crypto trading pairs available on exchanges, including Huobi.
• The CNH-pegged stablecoin will benefit from low transaction costs and instant transfer speed when deployed on TRON.
TCNH, A Stablecoin Pegged to Offshore Chinese Yuan, Listed On Huobi
TCNH, a stablecoin pegged to offshore Chinese Yuan (CNH) with a pilot program allowing organizations to mint TCNH, announced that it is now available on Huobi, where users can trade it through the TCNH/USDT pair.
Huobi is a leading crypto exchange that has witnessed its cumulative trading volume exceeding $1.2 trillion since its launch in 2013. It provides secure and reliable crypto trading and digital asset management services for millions of users in over 130 countries/regions worldwide and has customer service teams in Singapore, Japan, Korea, Brazil, Hong Kong SAR and other regions.
Benefits Of TCNH
Apart from minting directly through TCNH’s official website after being verified as a whitelisted organization, users may also acquire TCNH tokens through the crypto trading pairs available on exchanges. Already deployed on TRON—one of the world’s fastest-growing public blockchains—the CNH-pegged stablecoin TCNH will benefit from low transaction costs and instant transfer speed.
Huobi Seeking License In Hong Kong
Huobi is currently seeking a license in Hong Kong which is a major step for the leading cryptocurrency exchange and a sign of its continued commitment to operating in a compliant and regulated manner. This has significant implications for the transactional utility and broader adoption of TCNH.
In conclusion , Huobi listing of TCHN offers new opportunity for high liquidity . With access to one of the world’s largest markets , investors can enjoy low transaction fees , fast transfers , and broad adoption . This has exciting implications for blockchain technology adoption across different industries.