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

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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.

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