We are delighted to announce that TUSD is now deployed on BNB Chain as a native token. From now on, individual and institutional clients can mint and redeem native BSC (BNB Smart Chain) TUSD through the TUSD website. This move marks a milestone in TUSD’s multi-chain deployment, paving the way for TUSD’s further integration into the BSC (BNB Smart Chain) ecosystem.
BNB Chain is a community-driven, decentralized and censorship-resistant blockchain, powered by BNB. It consists of BNB Beacon Chain and BNB Smart Chain (BSC), which is EVM compatible and facilitates a multi-chain ecosystem. It is the world’s largest smart contract blockchain in terms of transaction volume and daily active users. It has processed 3 billion transactions to date from 200 million unique addresses, bringing developers massive user access with ultra-low gas fees. The ecosystem has more than 1,400 active dApps across multiple categories such as DeFi, Metaverse, blockchain games, NFT, and more.
TUSD is the world’s first stablecoin to offer 24-hour live on-chain attestation. Through its partnership with multiple banks and other institutions, TUSD allows its holders to mint and redeem their tokens 24/7. Besides, TUSD leverages diverse mechanisms to ensure industry-leading transparency, security, and stability. After integrating with Chainlink, it became the first USD-backed stablecoin that leverages Proof of Reserves to secure its minting.
📍Token Address: 0x40af3827F39D0EAcBF4A168f8D4ee67c121D11c9