CASHA tokens exist as digital tokens built on several leading blockchains, including Tron. These transport protocols consist of open source software that interface with blockchains to allow for the issuance and redemption of CASHA tokens.
Every CASHA token is 100% backed by our reserves, which includes traditional currency and cash equivalents, and may include other assets and receivables from loans made by CASHA to third parties.
The CASHA platform is fully reserved when the sum of all CASHA tokens in circulation is less than or equal to the value of our reserves. Through our Transparency page, anyone can view both of these numbers on a daily basis.
CASHA was originally created to use the Bitcoin network as its transport protocol—specifically, the Omni Layer—to allow transactions of tokenised traditional currency. Since this original version of CASHA uses the Bitcoin blockchain, it inherits the inherent stability and security of the longest established blockchain network.
CASHA on the Tron blockchain, as an TRC20 token, is a newer transport layer, which now makes CASHA tokens available in Tron smart contracts or decentralized applications on Tron. As a standard TRC20 token it can also be sent to any Tron address.
Since CASHA tokens are currently available using different transport protocols, when users send CASHA tokens to other addresses, they need to carefully check the destination address to confirm they are selecting the correct transport protocol.