CarbonUSD is the 1st EOS Dollar-Pegged Stablecoin

CarbonUSD, which has been live on Ethereum for over two months, is now able to be transferred onto the EOS blockchain.

This gives users "even lower fees and faster settlement than on Ethereum," according to the firm.

https://www.carbon.money

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“We are honored and excited to be the first stablecoin on EOS and to play such a crucial role in such a burgeoning ecosystem. Stablecoins are critical infrastructure for value and we think providing this to EOS further enhances the ecosystem.”

-- Sam Trautwein, CEO and co-Founder of Carbon

What is Carbon?

Carbon is a trustless stable cryptocurrency which closely correlates with the US Dollar. This is achieved through algorithmically adjusting coin supply based on the demand.

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How it Works

Carbon utilizes trusts set up and run by our licensed financial partners. These trusts are located in the United States, making them highly compliant and makes Carbon stablecoins easily redeemable for fiat money.

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If I'm going to hold fiat, I'm going to hold it in cash...but this seems so much smarter than Tether.

@matthewwarn

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