bitCNY

by BitShares

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BitBay

by BitBay

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OKLink

by OKLink

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bitCNY

by BitShares

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BitBay

by BitBay

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OKLink

by OKLink

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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.BitBay's goal is to create a stable cryptocurrency that is not pegged to another asset.OKLink gives clients the tools they need to execute cross-border Crypto payments more easily.

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.

BitBay is developing a decentralized marketplace based on a non-colateralized stablecoin. Unlike other stabelcoins, BitBay is stabilized with a dynamic peg that is meant to reduce volatility without anchoring the price to another asset. The network has a Proof-of-Stake (PoS) consensus mechanism.

OKLink is a Hong Kong based blockchain settlement network. OKLink provides businesses with the infrastructure for their cross-border payment needs. The crypto settlement network currently supports collection and payouts in 40+ countries across Asia, Europe, and the Americas. The company's clients include payment and remittance companies, banks, and mobile wallets that use OKLink’s blockchain infrastructure and technology to solve all issues regarding licensing, banking, compliance, and settlement. The company created the USDK stablecoin.

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