
X8
Curated by SignalStablecoin platform enabling secure global payments with cash backing.
Overview
X8 functions as a stablecoin platform that seeks to enable global payments through its stablecoin products. The platform aims to mitigate the volatility associated with cryptocurrency transactions by offering a stablecoin that is fully backed by cash deposits and adheres to regulatory standards. It targets users in need of reliable payment solutions and allows for transactions that can be redeemed for cash, thereby ensuring liquidity. X8 employs a balanced currency basket consisting of the top eight currencies to enhance stability and manage risk, positioning itself as a potential option for individuals and businesses looking for consistent payment methods in the digital economy.
Key facts
- Founded
- 2017
- Headquarters
- Baar, Switzerland
- Stage
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- Industry
- Financial Technology
- Sector
- Decentralized Finance
Business model
- 3 products and services
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- Commercial model
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Contact
- Primary office
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