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Centric

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Dual-token system offering stable alternatives to traditional fiat currencies.

Overview

Centric operates within the fintech ecosystem by offering a dual-token system intended to mitigate the price volatility associated with cryptocurrencies. Its primary products are Centric Rise (CNR) and Centric Swap (CNS), which are designed to provide stability and usability for merchants and individuals looking for alternatives to fiat currencies. The platform focuses on merchants and web3 projects, facilitating the acceptance of CNS tokens while aiming to enhance liquidity and availability. By integrating its economic model into third-party products and promoting merchant adoption, Centric aims to offer a solution for users in need of a stable digital currency. The company highlights low transaction fees, fast international transfers, and a public blockchain ledger as aspects of its operational framework that may support its goal of achieving broader adoption.

Key facts

Founded
2017

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About Centric

What does Centric do?

Centric operates within the fintech ecosystem by offering a dual-token system intended to mitigate the price volatility associated with cryptocurrencies.

Where is Centric headquartered?

Centric is headquartered in London, United Kingdom.

When was Centric founded?

Centric was founded in 2017.

Which sector is Centric in?

Centric operates in Decentralized Finance, part of Financial Technology.

Who are Centric's competitors?

Companies similar to Centric include Anchor, Australian Dollar Token, and XAF Token.