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Introduction: The Revolution of Digital Governance Model

At a time when global competition for digital currencies enters deep waters, many countries are undergoing a strategic transformation from establishing Central Bank Digital Currencies (CBDC) to updating governance capabilities. Traditional public money systems face three profound contradictions: the existence of a 'last mile' barrier in accurately delivering support, a lack of oversight on allocated funds resulting in an inability for comprehensive tracking, and a notable disparity in financial inclusion services between urban and rural areas. These structural challenges require innovative solutions through technological innovation. The TBC public network relies on the advantages of the original UTXO model of Bitcoin, and through cooperative three-dimensional innovation that includes high-performance block architecture, the world's first UTXO smart contract engine, and an atomic-level cross-chain linking system, it provides an unprecedented technical model for building a stablecoin system characterized by emerging markets. This is not just about choosing a technological path; it is also a crucial means of transforming the advantages of national governance systems into management efficiency, with its core value lying in achieving a radical change represented by 'applying governance logic to the currency structure.'