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What
Excerpt |
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USD+ : Introducing the most trustworthy and adoption ready US Dollar Stablecoin- Stephen Phillips |
Abstract
Stablecoins continue to play a pivotal role in bridging traditional finance and cryptocurrency markets. For fiat-collateralized stablecoins, they seek to maintain a 1:1 backing ratio of fiat currency, such as the US dollar, and purport to provide a simple mechanism for markets to reliably convert between units of fiat currency and units of stablecoin.
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We introduce the Fluent network and protocol for USD+, a flexible two tier architecture that addresses market and regulatory concerns with a first of its kind, decentralized, federated reserve stablecoin ecosystem; offering real-time reserve transparency and decentralized custodianship of reserves by a federation of licensed financial institutions within a web3-enabled community governance framework.
Where
Online
https://zoom.us/my/hyperledger.community.backup?pwd=dkJKdHRlc3dNZEdKR1JYdW40R2pDUT09=
When
13th July 2022 | 10 am EDT
Presentation
Recording
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