Steem Dollars

by Steem

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bitCNY

by BitShares

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OKLink

by OKLink

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Steem Dollars

by Steem

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bitCNY

by BitShares

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OKLink

by OKLink

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What problem does this service solve?

Steem Dollars are a stablecoin that are designed to be used as a less volatile medium of exchange on the Steem platform.bitCNY is intended to serve as financial tool that will help stabilize the price of BTS relative to the Chinese Yuan.OKLink gives clients the tools they need to execute cross-border Crypto payments more easily.

Token Stats

Company Description

Steem Dollars, or Steem Based Dollars, are stablecoins released by the Steem platform and pegged to the USD. Steem Dollars (SBD) are one of the three currencies that help power the Steem social media platform. SBD holders are entitled to receive one dollars worth of STEEM when it is redeemed.

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.

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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