Threshold Network launches a decentralized stablecoin thUSD, pegged to the US dollar

ChainCatcher news, according to official sources, Threshold Network has announced the launch of a decentralized stablecoin pegged to the US dollar, Threshold USD (thUSD). This stablecoin is backed by Bitcoin and Ethereum, which differs from other stablecoins whose reserves may be opaque and often stored off-chain, allowing users and stakeholders to verify on-chain collateral in real-time.