Round Dollar Price

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: the underlying service, the core layer, and the top-level application.

Primary usages of Round Dollar

• 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
• 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
• RD’s value is pegged with a basket of major Asian currencies, making it an effective denomination for Defi.