bitCNY

by BitShares

(0)
View Profile

Binance USD

by Binance

(0)
View Profile

PAX Gold

by Paxos

(0)
View Profile

bitCNY

by BitShares

(0)
View Profile

Binance USD

by Binance

(0)
View Profile

PAX Gold

by Paxos

(0)
View Profile

What problem does this service solve?

bitCNY is intended to serve as financial tool that will help stabilize the price of BTS relative to the Chinese Yuan.Binance USD allows traders to convert US Dollars to a digital version without trading fees.PAX Gold is designed to be a digital asset that is more accessible, redeemable, and flexible.

Token Stats

Company Description

bitCNY is a decentralized stablecoin that is pegged to the Chinese Yuan. It is based on the BitShares blockchain and has a Delegated Proof-of-Stake (dPoS) consensus mechanism. As a market pegged asset, the bitCNY token represents the amount of BitShares (BTS) that are equivalent to one Chinese Yuan.

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.

PAX Gold is stablecoin backed by gold. Each PAX Gold token is backed by one troy ounce (t oz) of a 400 oz London Good Delivery gold bar that is stored in a physical vault. PAXG holders own the underlying physical gold that is held in custody by the Paxos Trust Company, which is a regulated financial institution. Paxos specializes in providing custody and infrastructure solutions that enable movement between physical and digital assets.

Ratings

(0)

(0)

(0)