Problems We Solve

Addressing current challenges is essential to realize the full potential of stablecoins as a reliable and efficient medium of exchange and store of value in the digital economy.

Stablecoins are a type of cryptocurrency designed to maintain a stable value relative to a specific asset or basket of assets, such as fiat currencies like the US dollar, commodities like gold, or other cryptocurrencies. They are widely used as a way for cryptocurrency holders to swap in and out of volatile tokens for a more stable token. Hence, stablecoins provide a bridge between the volatile world of cryptocurrencies and the stability of traditional assets, offering users a reliable medium of exchange, store of value, and unit of account within the digital economy.

In this section, we will go through why stablecoins are important, how traditional stablecoins are not perfect, and what we will do differently.