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