Round Dollar is a revolutionary synthetic stablecoin pegged to the value of a basket of mainstream Asian currencies. One RD is equivalent to 47 CNH + 550 JPY + 25 HKD. With fiat currencies deposited for a subscription of RD placed into the custody of third-party trusts for safekeeping, which is subject to monthly audits and public disclosures, RD is regarded as a safe and well-accepted stablecoin for transactional uses and storage of values. Compared with stablecoins pegged to a single currency (e.g. USD), RD has the advantage of reduced foreign exchange rate risk, particularly for Asian users. Round Dollar is based on the open-source Tron and/or Ethereum public chain, which is divided into three layers:&nbsp;the underlying service, the core layer, and the top-level application.Primary usages of Round Dollar<ul><li>A medium through which value can be exchanged within the crypto world as well as between the fiat and crypto worlds is essential – RD can bridge that gap</li><li>RD as a medium for trade settlement increases the efficiency of cross-border trade by avoiding redundant intermediaries. It also reduces foreign exchange rate risk for both importers and exporters</li><li>RD’s value is pegged with a basket of major Asian currencies, making it an effective denomination for Defi.</li></ul>

Round Dollar

Round Dollar is a revolutionary synthetic stablecoin pegged to the value of a basket of mainstream Asian currencies

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The post Attention Trades; Bitcoin to Remain Flat This Weekend-Do Not Expect Any Major Move appeared first on Coinpedia Fintech News
Crypto markets nowadays have become less interesting as they have been trading in the absence of the required liquidity. Besides, the bears also appear to remain inactive, which has compelled the price of Bitcoin to remain within a narrow range. For this reason, the global crypto market cap has also remained stuck around $1.06 trillion …

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The final Antares rocket built with components made in Russia and Ukraine lifted off from Wallops Island, Virginia last night, marking the end of a successful flight program and renewed pressure on Northrop Grumman and Firefly to develop its replacement. The Antares-230+ rocket is carrying over 8,200 pounds of equipment and science experiments for the […]

Round Dollar

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