Quote from: andreldsg on January 25, 2019, 09:50:09 PM

Quote from: nobytes on January 25, 2019, 09:10:24 PM

Ok, another stable coin? Can you elaborate on how is this government backed 80%+ while other stable coins are not?

Hello there nobytes! Wink

Well, for starters, ARYZE is not "just" another stable coin. While traditional stable coins are backed in a way where they hold fiat value in a bank account, and then issue assets backed by that underlying value, these funda are at risk because they are solely under the bank's control, should they ever freeze, go bankrupt or any other possible harmful outcome. In order to minimize this risk, ARYZE stablecoin solvency will be managed by placing a vast majority of the liquidity in government or quasi-government bonds and bills, that way, there's never the risk of default by a sovereign nation that issues its free-floating currency and where its debts are denominated in that currency.

However, one must also consider that ARYZE is not just "another stablecoin" as well. Within the ecosystem, the team will also offer a corporate cash management platform for businesses to ease the entry point and erase the barrier of knowledge of Blockchain or Crypto, merchant tools to let businesses accept digital payments from any ARYZE user and merchants as well as manage their various funds, including foreign exchanges and payments and also a mobile payment application - codenamed MAMA: Multi-Asset Modular App - also a key element on the entire suite of ARYZE products, allowing it to be bent to the demanded usage, customized to experience based on the users needs. It can be compared to what we see in browsers like Chrome and Firefox in regards to customization by extensions. Cool

There's much more you can learn about ARYZE if you wish so, make sure you join the conversation at the Telegram Group so you can engage with the team and the rest of the community as well! Wink

Thank you for a proper explanation. I might just join in if i have other questions or if i decide to join in.