USDQ

by Platinum Securities LTD

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PAX Gold

by Paxos

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Multi-Collateral DAI

by MakerDAO

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USDQ

by Platinum Securities LTD

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PAX Gold

by Paxos

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Multi-Collateral DAI

by MakerDAO

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What problem does this service solve?

USDQ is a stablecoin designed to facilitate investing in blockchain projects.PAX Gold is designed to be a digital asset that is more accessible, redeemable, and flexible.Multi-Collateral DAI is designed to enable the MakerDAO to offer new types of asset collateral and DeFI services.

Token Stats

Company Description

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.

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.

The Multi-Collateral DAI stablecoin uses multiple types of collateral to back its value and an interest rate mechanism to stabilize its price. It is designed to be a digital currency with a stable value. MakerDAO is the decentralized autonomous organization that manages DAI and works to combat its price volatility. Multi-Collateral DAI was launched in November, 2019 and is meant to be a successor to the Single-Collateral DAI, that will eventually be phased out. The new stablecoin will enable new features to the Maker Protocol, such as the the Dai Savings Rate (DSR), as well as additional types of asset collateral.

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