Bitcoin Cash Ecosystem #CashTokens , The Evolution of Bitcoin Cash (BCH)
The Bitcoin Cash network ($BCH ) has evolved beyond being just fast, low-cost digital money. Thanks to the implementation of CashTokens, the main network (Layer 1) now supports the creation of advanced digital assets and decentralized finance (#DeFi ) with fees of only fractions of a cent.
The attached diagram illustrates how this ecosystem is structured, detailing the functions and uses of its two main stablecoins:
1. MUSD, (Moria Money) Decentralized Stablecoin.
🎯Function: Enables access to decentralized lending tools under a self-custody (non-custodial) model.
🎯Use: Works as a stable digital dollar designed for everyday commerce, allowing local businesses to get paid quickly without exposing themselves to market volatility.
2. PUSD, (ParyonUSD) Overcollateralized Stablecoin.
🎯Function: It is issued through smart contracts by locking BCH as collateral (collateral backing), mathematically ensuring its 1:1 parity with the dollar.
🎯Use: Allows users to deposit their funds into a Stability Pool to protect their capital from price drops and, at the same time, generate passive yields.
The Bitcoin Cash network ($BCH ) has evolved beyond being just fast, low-cost digital money. Thanks to the implementation of CashTokens, the main network (Layer 1) now supports the creation of advanced digital assets and decentralized finance (#DeFi ) with fees of only fractions of a cent.
The attached diagram illustrates how this ecosystem is structured, detailing the functions and uses of its two main stablecoins:
1. MUSD, (Moria Money) Decentralized Stablecoin.
🎯Function: Enables access to decentralized lending tools under a self-custody (non-custodial) model.
🎯Use: Works as a stable digital dollar designed for everyday commerce, allowing local businesses to get paid quickly without exposing themselves to market volatility.
2. PUSD, (ParyonUSD) Overcollateralized Stablecoin.
🎯Function: It is issued through smart contracts by locking BCH as collateral (collateral backing), mathematically ensuring its 1:1 parity with the dollar.
🎯Use: Allows users to deposit their funds into a Stability Pool to protect their capital from price drops and, at the same time, generate passive yields.
