What is tbtc?
What is tbtc? What is tbtc? It allows blockchain users to make transactions with
What is tbtc? What is tbtc? It allows blockchain users to make transactions without any trust in third parties. It is reported that tbtc is a token issued by Tether Company, based on the Decentralized Point of Trust (DPT) protocol built on the Ethereum network. It has value similar to Bitcoin, but its mechanism is different from other cryptocurrencies. Its design aim is to enable people to convert fiat currency into digital form.
According to the introduction, tbtc is a new type of algorithmic stablecoin protocol that achieves high liquidity, low cost, and secure cross-chain exchange through the combination of reserve assets and smart contracts. Moreover, the project adopts a “constant supply” model and dynamically adjusts the supply according to market conditions.
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