Token X is the first stablecoin designed for payments. Consumers, banks and businesses can capitalise on distributed ledger functionality with a regulatory compliant solution and no exposure to market volatility.
Token X is the only stablecoin that combines high security and usability to deliver low cost, instant payment execution.
Token X is backed 1:1 by fiat money and independently audited to confirm that assets in escrow match the outstanding stablecoins. Token X is ledger agnostic and currently runs on Stellar and Ethereum. All major currencies are supported.
All parties purchasing and redeeming the stablecoin must pass the KYC process. Transactions are screened for AML and sanctions.