ðŠīAbout HLUSD
Native stable coin of HeLa network
HLUSD (Hela USD), is a fiat-collateralized stablecoin anchored to the U.S.dollar.
Stable and Reliable Currency:
HLUSD, a stablecoin anchored to the U.S. dollar, maintains a 1-to-1 peg with the US Dollar, ensuring stability and reliability in value. HLUSD is backed by stablecoins supported by "off-chain" reserves of FIAT currency or fiat-equivalent assets.
Streamlined Transaction Process:
Within the HeLa Chain ecosystem, HLUSD is used for all transactions, including smart contract executions and gas fees, which simplifies the user experience and maintains cost consistency and stability, reducing volatility typically associated with cryptocurrencies.
Integral to HeLa Chain:
Serving as a cornerstone of the HeLa Chain, HLUSD not only facilitates efficient transactions but also strengthens the platform's bridge between traditional finance and decentralized technologies, enhancing user-friendliness and security in the blockchain space.
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