What is Stablecoin and how does it work?
The world of cryptocurrencies as we know them today is changing. It includes Regulation from the workshop of the European Union, with the intention of introducing a legislative order into digital currency ecosystems. Thus, for the first time, the client himself comes to the fore, and not the issuers of cryptocurrencies, coins or tokens.
Main goals of the new crypto-regulation, but also the principles of the internal policy of the company Crypto Investment, whom is behind the issue of the digital currency Stablecoin (hereinafter referred to as STCO) are:
- Higher level of Transparency towards clients
- Keeping assets as liquid as possible
- Active access to KYC (Know-Your-Client)
- Applying the AML (Anti-Money Laundering) policy
- Permanent analysis of Cyber-security
STCO represents a new generation of digital currency, the value of which is not only based on the passive promise of achieving a certain goal or creating an ecosystem, but is also backed by the assets (property) themselves. At the same time it complies with the European Mica regulation.
It is a digital currency that is linked to the "stable" reserve asset EURO in a ratio of 1:1. This dramatically reduces volatility compared to other cryptocurrencies while increasing security. It is a digital money that is better suited for day-to-day trading and transfers.
Stablecoin STCO is built on the TRON protocol. It guarantees high speed, security and literally negligible transfer costs compared to other cryptocurrencies and, of course, classic bank transfers.
STCO's vision is to become the digital equivalent of the European currency and thus match the great preponderance of digital currencies that are pegged to the dollar. We have a great opportunity to create a digital currency as strong as USDT or USDC.
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