• TCNH, a stablecoin pegged to offshore Chinese Yuan (CNH), is now available on Huobi, where users can trade it through the TCNH/USDT pair.
• Huobi is one of the leading crypto exchanges with customer service teams in multiple countries/regions worldwide.
• The listing of TCNH on Huobi will open up more possibilities to the crypto market worldwide.
TCNH Stablecoin Pegged to Offshore Chinese Yuan listed on Huobi
Introduction
Chainwire 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.
About Huobi
Huobi is a leading crypto exchange that has witnessed its cumulative trading volume exceeding $1.2 trillion since its launch in 2013. It has set up customer service teams in Singapore, Japan, Korea, Brazil, Hong Kong SAR, and other regions, aiming to provide secure and reliable crypto trading and digital asset management services for millions of users in over 130 countries/regions worldwide. Moreover, Huobi is currently seeking a license in Hong Kong which shows their commitment towards operating within regulations.
Benefits of Trading TCMH on Huobi
The listing of TCMH on an exchange such as Huobi has several advantages for the global market: Apart from getting minted directly through TCNM’s official website after being verified as a whitelisted organization; users may also acquire them through various trading pairs available on exchanges like Huobi. Additionally, since it is deployed on TRON blockchain; one of the fastest-growing public blockchains; users get to enjoy low transaction costs and instant transfer speed when trading with this stablecoin. Furthermore; this coin plans to comply with applicable laws and technical requirements while having itself audited by world-class accounting firms which adds to its credibility and utility for transactional purposes globally .
Conclusion
The listing of CNH-pegged stablecoin; TCNM;on one of the leading cryptocurrency exchanges such as Huobi provides a great opportunity for its widespread adoption across different parts of the world by providing secure and reliable crypto trading services along with compliance standards set by respective laws. This will help create more possibilities for both traders/investors in digital assets as well as pave way for broader acceptance of different types of stablecoins across different geographical boundaries.
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