Relying on the token economics model of HTC TOKEN, HTC.CASH has become the HT value index of HT in the field of large financial derivatives. Through the linkage effect of the HTC economic model and HT, the value of HT and HTC is linked. HTC.CASH is an algorithmic stablecoin project built on the Huobi ecological chain. In order to better build Heco's ecology, HTC.CASH has made innovations and optimizations in both mechanism design and technical model. An algorithmic stable currency anchored to HT, HTCC and HT are closely integrated, and will do their best to promote the development and growth of Huobi ecological chain applications.

HTC.CASH is the first HT-anchored algorithmic stablecoin on the Huobi Eco-Chain. The initial mining will start at 21:00 on January 13. In the context of Huobi's strong support for the Huobi ecological chain HECO to continuously enhance the application scenarios of HT, some developers in the HT community have proposed an experimental innovative stablecoin project: HTC.CASH, which anchors HT through algorithms, Let HTCC and HT always maintain a 1:1 exchange ratio. When the price of HTCC is higher than 1.1 HT, additional issuance will be issued, and if it is lower than 1 HT, deflation will be achieved by issuing bonds. HTCC’s additional issuance of tokens will be rewarded to holders of HTCS (HTC.cash shareholder currency). The current circulation of HT is 100 million and the output of HTCC is completely dependent on user pledges, and the output of tokens is more decentralized.