Table Of Contents
Introducing Kinesis Currency One Stablecoin Suite
The upcoming Currency One stablecoin suite is poised to revolutionise the Kinesis Pro ecosystem, driving enhanced accessibility, liquidity, and cross-border capabilities for users worldwide. At the core of the Currency One stablecoin suite is USD1, the native stablecoin of Kinesis.
Key features and benefits
Global Accessibility and Enhanced Liquidity
- Diverse Fiat-Backed Stablecoins: The suite will introduce 10+ fiat-backed stablecoins, each tied to major global currencies, enabling:
- Seamless participation in precious metals and cryptocurrency markets.
- Effortless conversion between currencies for financial flexibility and cross-border transactions.
- Near-Instant Transactions: Users can perform global transactions with unprecedented speed and affordability, reducing friction and empowering participation in the Kinesis Monetary System.
Pioneering Security and Transparency Standards
- Advanced Insurance Coverage: Comprehensive protection ensures user confidence in asset security.
- Rigorous Attestation Processes:
- Monthly audits by independent third parties.
- Real-time blockchain transparency through public blockchain explorers.
This dual-layer approach ensures that all stablecoins remain fully collateralised and trustworthy.
Integration with Kinesis Pay (K-Pay)
Expanded Payment Options: K-Pay will now support fiat-backed stablecoins, alongside KAU and KAG. As a result, businesses can now accept payments in stable, globally recognised currencies or explore the advantages of gold and silver as alternative payment options. This makes Kinesis Pay an attractive solution for merchants worldwide, providing them with versatile tools to cater to diverse customer preferences.
Conclusion
With the Currency One stablecoin suite and the integration of stablecoin payments in Kinesis Pay, Kinesis is poised to:
- Drive adoption of stablecoins as a cornerstone of everyday financial transactions.
- Empower users and merchants alike with unprecedented financial flexibility.
Kinesis continues to bridge the gap between traditional and digital finance, setting new benchmarks for the future of decentralized payments and stablecoin usability.