PAX Gold

by Paxos

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OKLink

by OKLink

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bitCNY

by BitShares

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PAX Gold

by Paxos

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OKLink

by OKLink

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bitCNY

by BitShares

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What problem does this service solve?

PAX Gold is designed to be a digital asset that is more accessible, redeemable, and flexible.OKLink gives clients the tools they need to execute cross-border Crypto payments more easily.bitCNY is intended to serve as financial tool that will help stabilize the price of BTS relative to the Chinese Yuan.

Token Stats

Company Description

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.

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.

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.

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