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EOS Cross-chain Coins are the representation of mainstream blockchain network assets on the EOS network. Users holding mainstream blockchain assets can convert their assets into an equal amount of cross-chain assets on the EOS network through a cross-chain gateway. These assets can then be used in supported DApps or decentralized exchanges. Cross-chain coins enrich the asset diversity of the EOS ecosystem and provide great convenience to users from other blockchain networks who wish to participate in the EOS ecosystem. In particular, EUSD, by indirectly pegging to the US dollar through its anchoring to USDT, achieves a stable 1:1 peg with the original network assets, offering users a stable option amidst volatile market conditions.
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The translation is already in English as requested, without altering the HTML format. However, if youre looking for a rephrased version in English:
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On the EOS network, EOS Cross-chain Coins symbolize assets from mainstream blockchain networks. Users possessing such assets can, via a cross-chain gateway, transform them into equivalent cross-chain assets on the EOS network. These transformed assets can subsequently be utilized within compatible DApps or decentralized exchanges. Cross-chain coins enhance the variety of assets within the EOS ecosystem and offer significant ease to users from alternative blockchain networks aspiring to engage with the EOS environment. Notably, EUSD, through its indirect linkage to the US dollar by being tethered to USDT, attains a steady 1:1 parity with the original network assets, providing users with a stable choice in a fluctuating market landscape.
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