Cryptocurrency Round Dollar (RD)
The price for Round Dollar (RD) cryptocurrency is currently 5.19 $ (15 min delay),
daily range of currency change is 0.00 - 0.00 .
Last 24 hours news: trading volume -
5.00 $, price variance
0%
.
Chart Round Dollar (RD)
Round Dollar Quotes
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What is Round Dollar (RD)
Round Dollar (RD) 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 subscription of RD placed into custody of third-party trusts for safekeeping, which are 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
Primary usages:
1. 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
2. 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
3. RD’s value is pegged with a basket of major Asian currencies, making it an effective denomination for Defi
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