HTC.CASH, relying on the token economics model of HTC TOKEN, serves as an HT value index within the broader realm of financial derivatives. Through the interconnection between the HTC economic model and HT, it creates a value linkage between HT and HTC. As an algorithmic stablecoin project built on the Huobi Eco-Chain, HTC.CASH introduces innovations and optimizations in both its mechanism design and technical model. As the first stablecoin in the country to be pegged to HT, HTCC closely aligns with HT, driving the development and expansion of applications within the Huobi Eco-Chain ecosystem.

HTC.CASH is the first algorithmic stablecoin on the Huobi Eco-Chain, pegged to HT, launching its initial mining phase at 9 PM on January 13th. Amidst Huobis strong support for the Huobi Eco-Chain (HECO) and the continuous enhancement of HTs application scenarios, a developer within the HT community proposed an experimental innovative stablecoin project: HTC.CASH. It uses an algorithm to maintain a 1:1 exchange ratio between HTCC and HT. When the price of HTCC exceeds 1.1 HT, it issues more tokens; when it falls below 1 HT, it implements deflation through bond issuance. The newly issued HTCC tokens are rewarded to holders of HTCS (the shareholder token of HTC.cash). With HTs current circulation at 100 million, the generation of HTCC relies entirely on user staking, making the token production process more decentralized.