bitCNY

by BitShares

(0)
View Profile

HUSD Token

by Stable Universal

(0)
View Profile

PAX Gold

by Paxos

(0)
View Profile

bitCNY

by BitShares

(0)
View Profile

HUSD Token

by Stable Universal

(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.HUSD is a stablecoin that attempts to provide greater transparency with more regular auditing and attestations of their US Dollar reserves.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.

HUSD token is a stablecoin that was created by a Hong Kong based company called Stable Universal. HUSD is backed by US Dollars in a 1:1 ratio that are held in a trust company. The HUSD stablecoin is designed to have a governance structure that will increase security, liquidity, and transparency. Monthly audits of HUSD's reserves are conducted by an independent accounting firm to ensure that the 1:1 backing is maintained.

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)