There are too many stable coins now, so does the crypto community still need them ?.
and if too many coins are stable the trading volume will only be divided.
Topic: The British company Paysend has released a new stable currency XDR. - page 2. (Read 287 times)
August 12, 2019, 09:53:31 AM
August 12, 2019, 06:59:46 AM
Use cases:
- Cross-currency money remittances, especially for non SWIFT members;
- Good choice for holding cash reserves;
- Merchants accepting all kinds of payments can on-the-fly convert everything into XDR to make sure they don't lose value on market swings;
- Good choice for bridge-currency in trading / money remittances, once we provide enough liquidity;
- Paying salary in XDR to remote teams, freelancers and all kinds of contractors, once popular enough, because it's easy for user then convert to anything else in his own country.
Anything unique that XDR can do which other currencies can't??
We have a lot of stable coins right now in the market and I don't think stablecoins have got a lot of mass interest after USDT and TUSD. What's the unique feature or USP of XDR has in offering??
Also, are you planning to have regular audits??
August 12, 2019, 06:24:15 AM
Thanks for interest!
XDR currency consists of: 0.58252 USD + 0.38671 EUR + 0.085946 GBP + 1.0174 CNY + 11.9 JPY
About IPO we are not planning yet...
XDR currency consists of: 0.58252 USD + 0.38671 EUR + 0.085946 GBP + 1.0174 CNY + 11.9 JPY
About IPO we are not planning yet...
August 12, 2019, 01:41:21 AM
Sounds interesting - will follow to check on the progress. How do you tie the five currencies together? Will you post cross rates, or just a summary?
What volumes are you expecting, and, are you planning on an IPO, or a free for all?
What volumes are you expecting, and, are you planning on an IPO, or a free for all?
August 12, 2019, 01:39:10 AM
Pays XDR is not tied to a specific company or country, it is fully supported by five currencies: the us Dollar, the Euro, the Japanese Yen, the Chinese yuan and the British Pound. The new currency was built in the Stellar network, which means that users can make their transactions in real time.
Main features:
Use cases:
Join us and register at xdr.com to be the first owner of a new currency!
If you have a question. You can join to us in Telegram channel https://t.me/paysxdr
Main features:
- Better maintains purchasing power than US dollar and others currency (in the past 10 years XDR has appreciated by more than 12% against USD);
- Controlled and maintained by corporate entity, it reduces business risks for companies willing to deal with XDR, they always have a way to cash out their holdings or buy more XDR, they can sign legal documents and defend their rights in Court;
- Value is defined by IMF and issuance/circulation is fully transparent for external monitoring (users/companies can be reassured that value they are holding won't disappear overnight due to some irregular/irrational market condition);
- It's based on Stellar payment protocol, it's fast and cheap to transact with, billions of $ can be transferred to another side of the world in 5 seconds.
Use cases:
- Cross-currency money remittances, especially for non SWIFT members;
- Good choice for holding cash reserves;
- Merchants accepting all kinds of payments can on-the-fly convert everything into XDR to make sure they don't lose value on market swings;
- Good choice for bridge-currency in trading / money remittances, once we provide enough liquidity;
- Paying salary in XDR to remote teams, freelancers and all kinds of contractors, once popular enough, because it's easy for user then convert to anything else in his own country.
Join us and register at xdr.com to be the first owner of a new currency!
If you have a question. You can join to us in Telegram channel https://t.me/paysxdr
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