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"“Monetran will be involved in various types of internet commerce using their token, Moneda. Plans call for an immediate entry into the international remittance market, which is worth $600 billion on estimate. Longer term goals include partnerships with major retailers such as Amazon and Walmart."
To me, this makes sense. A stablecoin backed by the dollar fiat is subject to less stability since inflation can be eating its value but with the use of T-bills a different picture can be emerging. The MONEDA coin then is very interesting. I am wondering: What are the specific strategies that this coin will be working with to make it popular and be adopted by the many especially that we now have a flood of stablecoins in the market? And how exactly will MONEDA convince Amazon and Walmart into its side?
You have to remember, Monetran is still in its nascent stages and we are still engaged in a preliminary round of funding. Be that as it may, 40% of investors' funds have been dedicated to back the Moneda currency, and that percentage will increase when substantial investments are made.
Once trading of the tokens begins, we expect that popularity will ensue once it's shown that Moneda can do what we say it can do. Along with this popularity we expect greater exposure to the public.
As far as convincing Amazon and Walmart that Moneda is worthy to be accepted as a medium of exchange, again, once we prove that our token is stable and backed by tangible assets, it would fulfill what we believe are the elements necessary for mass adoption.
Of course, this will all take time. We are working tirelessly to achieve these goals.
