What problem does this service solve?

bitCNY is intended to serve as financial tool that will help stabilize the price of BTS relative to the Chinese Yuan.

Company Details

  • BitShares
  • Founded 2018
  • Digital Currency Pegged to Chinese Yuan

Token Stats

About bitCNY

bitCNY is a decentralized stablecoin that is pegged to the Chinese Yuan. It is based on the BitShares blockchain and has a Delegated Proof-of-Stake (dPoS) consensus mechanism. As a market pegged asset, the bitCNY token represents the amount of BitShares (BTS) that are equivalent to one Chinese Yuan.

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