Table Of Contents

USD1 Outline

USD1 is a blockchain-based stablecoin created to offer users a reliable store of value when engaging with decentralized systems. It allows holders to maintain stability within blockchain ecosystems, shielding them from the volatility typically seen with digital assets. This makes Kinesis’ native stablecoin a useful tool for secure, stable digital transactions, without being classified as a financial product under relevant regulations.

Overview

• USD1: A digital currency pegged 1:1 to the US dollar.
• Launch: Soft launch with 12 billion USD in circulation, backed by over 15 billion USD in assets.
• Market Position:
  • Ranked as the third-largest USD-pegged stablecoin by market capitalization.
  • Positioned within the top 20 digital assets.
• Blockchain Support:
  • Available on Stellar (fast transactions, low fees) and Ethereum (broad integrations).

Attestations & Transparency

• Independent Attestations:
  • Monthly audits by third-party law firms verify USD1’s backing, ensuring full transparency.
• Over-Capitalisation:
  • Governance ensures that the asset reserve always exceeds the value of the coins in circulation.
• Public Access:
  • Attestation results are publicly available, reinforcing transparency and trust.
• Verification:
  • Users can cross-check the attested reserve against live circulation data via Kinesis blockchain explorers.

USD1 Launch & Future Stablecoin Expansion

• Currency One Suite:
  • USD1 is the first in a series of fiat-backed stablecoins.
  • Future stablecoins include GBP1, EUR1, AUD1, and CAD1, launching in 2025.
• Official Launch (2025):
  • Enhanced attestation process with an All-Risk Surety insurance wrap, offering additional security.
• Innovative Payment Capabilities:
  • Advanced features to support seamless transactions with gold (KAU) and silver (KAG).

Key Features of USD1

• Global Transactions:
  • Facilitates instant, low-cost cross-border payments.
• Transaction Speed:
  • Enables fast global settlements through Stellar and Ethereum blockchains.
• Low-Cost:
  • Cross-border transactions cost less than a cent.
• Liquidity:
  • Provides deep liquidity pools, available 24/7.
• Institutional Appeal:
  • Designed for institutional investors, with easy on-ramping and off-ramping of funds.
• Enhanced Ecosystem:
  • Users can trade USD1 against allocated gold (KAU) and silver (KAG), enriching the Kinesis ecosystem.

Growth & Market Impact

• Liquidity Boost:
  • High liquidity increases the visibility of Kinesis, driving growth in exchange listings and capital inflows.
• Expansion Strategy:
  • Kinesis is preparing for significant growth in the stablecoin market ahead of the official launch in 2025.
• Kinesis Vision:
  • The launch of Kinesis’ native stablecoin marks the beginning of a broader strategy to scale Kinesis in both the stablecoin and real-world asset markets.

Currency One Stablecoin Suite

• Global Accessibility:
  • The Currency One stablecoin suite will improve global access and facilitate seamless conversion between multiple fiat-backed stablecoins.
• Competitive FX Conversions:
  • Offering low-cost foreign exchange between major global currencies, positioning Kinesis in the global remittance market.
• K-Pay Integration:
  • Stablecoins will be integrated into K-Pay, enabling payments with gold (KAU) and silver (KAG), alongside supporting merchant payments.

Kinesis Pro Exchange & USD1

• Pro Trading Features:
  • Kinesis Pro exchange will offer advanced trading tools and a wide range of trading pairs with substantial liquidity.
• Growth Opportunity:
  • The exchange and USD1 stablecoin are expected to drive significant trading volume, leading to higher yields for Kinesis users.
• Institutional Adoption:
  • Designed to attract crypto traders and institutional partners, supporting the growth of the Kinesis ecosystem.

To learn more about Kinesis’ native stablecoin, refer to its Whitepaper.