nUSD is a TRC20 stable token built on the Tron blockchain and pegged to the USD; 1 nUSD = 1 USD.
Transactions:
- On Coinmania.ge, USD deposits, transfers, and withdrawals are processed in nUSD automatically.
- Transfers in nUSD between Coinmania users via the Express Transfer are commission-free.
- The transfers can be sent and received via the Tron blockchain as well.
Technical Specifications of nUSD:
- nUSD is the TRC20 token on the Tron blockchain.
- Every TRC20 wallet supports receiving and sending nUSD TRC20
- Full name in the Coinmania wallet: NewUSD
- An abbreviated symbol in the Coinmania wallet: nUSD
- Full name on the Tron blockchain: USnewD
- Short name in the Tron blockchain: USnD
Tokenomics of nUSD:
- 1 billion nUSDs were minted at inception on August 10, 2023.
- Limitations on minting nUSD: Unlimited
- nUSDs in circulation = the amount of nUSD available on the balances of Coinmania.ge/Coinmania.exchange users + the amount on Tron blockchain addresses = the corresponding American Dollar (USD) counterbalance amount on the bank accounts of Coinmania Ltd.
more:
https://blog.coinmania.exchange/post/nusd-stable-virtual-asset
