Binance USD

by Binance

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JUST Token

by TRON

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Gold Bits Coin

by Gold Bits Coin

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Binance USD

by Binance

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JUST Token

by TRON

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Gold Bits Coin

by Gold Bits Coin

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What problem does this service solve?

Binance USD allows traders to convert US Dollars to a digital version without trading fees.The JUST token acts as a stabilizing and governance tool for a collateralized stablecoin built on the TRON network.Gold Bits Coin wants to create a digital currency with less price volatility, that will be backed by gold.

Token Stats

Company Description

Binance USD stablecoin is backed by US Dollars, and is issued in partnership by Binance and Paxos. The coin is approved by the New York State Department of Financial Services (NYDFS), and allows traders to convert US Dollars to a digital version without trading fees.

The JUST token is used as stabilizing mechanism for the JUST network, which is a stablecoin network built on top of the TRON blockchain. TRX token holders can purchase the USDJ stablecoin, which is pegged to the US Dollar through collateralized debt positions. The TRX tokens are held as collateral, and when the user wants to redeem their TRX tokens, they must pay a stability fee using the network's JUST token.

Gold Bits Coin is developing a digital currency that is backed by gold. They hope to create a digital asset with less price volatility that can be used as a medium of exchange. GBC is built on Ethereum. Their marketing materials are unclear about how much gold they have in reserve to back each Etherreum-based token.

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