bitCNY

by BitShares

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PAX Gold

by Paxos

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USDQ

by Platinum Securities LTD

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bitCNY

by BitShares

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PAX Gold

by Paxos

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USDQ

by Platinum Securities LTD

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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.PAX Gold is designed to be a digital asset that is more accessible, redeemable, and flexible.USDQ is a stablecoin designed to facilitate investing in blockchain projects.

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.

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.

USDQ is a stablecoin that is pegged to the US Dollar and is collateralized with Bitcoin. USDQ was issued by a company called Platinum Securities that offers STO and market making services.

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