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Elbow

Curated by Signal

Stable coin platform offering decentralized alternatives to fiat currencies.

Overview

Elbow operates as a stablecoin platform that aims to provide a decentralized alternative to traditional fiat currencies. Its primary products include Navcoins, a digital currency backed by real-world assets, and the Elbow Dollar (ElbowUSD), a stablecoin intended to reduce the risks associated with inflationary fiat currencies. The platform targets investors and protocol treasuries, connecting users to a global network of legally secured assets, which may facilitate stability and yield. Elbow utilizes diversified assets such as US Treasuries, Real Estate, and Private Credit to address the vulnerabilities of traditional stablecoins and fiat currencies, while promoting transparency and legal protection.

Key facts

Founded
2022
Tags

Business model

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About Elbow

What does Elbow do?

Elbow operates as a stablecoin platform that aims to provide a decentralized alternative to traditional fiat currencies.

Where is Elbow headquartered?

Elbow is headquartered in London, United Kingdom.

When was Elbow founded?

Elbow was founded in 2022.

Which sector is Elbow in?

Elbow operates in Decentralized Finance, part of Financial Technology.

Who are Elbow's competitors?

Companies similar to Elbow include EURST, AugmentLabs, and Djed Alliance.