News Press Releases USDZ Capital Group is engaged in the development and...

USDZ Capital Group is engaged in the development and creation of a new stablecoin – the USDZ Stablecoin

-

- Advertisment -

The popularity of cryptocurrencies and investors’ interest in them grow every year. Although cryptocurrencies feature numerous benefits and development prospects, they suffer from substantial price volatility, which prevents their mass use as a store of value and unit of account. One of the proposed solutions is the creation of a stable coin.

USDZ Capital Group is engaged in the development and creation of a new stablecoin. USDZ Stablecoin is a digital dollar. Similar to other cryptocurrencies, it will be possible in the nearest future to transfer it instantly, anywhere in the world, anytime, and any day.

Unlike many other cryptocurrencies, USDZ Stablecoin has a stable value. Each USDZ will be backed by 1 US dollar. USDZ Capital Group takes a thorough approach to security, audit, and regulation. This is a part of the future vision of the global economy, in which all assets can be transferred to any location instantly, 24 hours a day, 7 days a week.

USDZ is based on the Ethereum blockchain and uses the ERC-20 standard. Ethereum supports smart contracts and is the most widely used platform for digital assets. USDZ complies with ERC-20 – the smart contract standard at Ethereum.

The ERC-20 standard guarantees security and provides a set of key functions for managing transactions and tracking account balances. USDZ Capital Group expects that any wallet or exchange that operates under the ERC-20 standard will be able to support the token on their platform. The ultimate trust of the end-user is the main priority for the company.

USDZ Capital Group operates in the UK.  The company complies with banking laws and other applicable laws and regulations of the United Kingdom.  USD-backed stablecoins are highly appreciated and used by major blockchain companies, cryptocurrency exchanges, private traders, and ordinary cryptocurrency users. We hope that a new reliable stablecoin will appear in the nearest future.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Ethereum Price Sees $500 for the First Time in Two-and-a-half Years

First launched in 2014, Ethereum or Ether is one of the oldest altcoins and probably the most...

Banking Sector is Ready for a Tech Revolution With Cryptocurrency

When our world is going through a massive change due to COVID-19blow, it is very likely that...

OpenDAO’s Bridge Opens New Possibility for Mass Adoption of DeFi

When Satoshi Nakamoto officially created Bitcoin on January 3, 2009, his vision for the digital asset was...

Crypto’s price surge was mostly due to limited information – here’s why

As the world becomes more and more digitized, the usage of one of the most popular cryptocurrencies,...
- Advertisement -

U.S. Authorities Seized Bitcoin Worth a Total of $1 billion

The cryptocurrencies were in the possession of a person who had hacked Silk road, which was detected...

Top 12 BEST Crypto Trading Bots for 2020

TL;DR: In this article, we present a list of the best Crypto Trading Bots of 2020. If...

Must read

- Advertisement -

Read Next
Recommended to you