eXch is about to merge with a company in another jurisdiction and leave the company in Belize. We will have new shareholders and new members on the management board. This merger is related to our decision to sell half of our company in order to reduce risks for our founding team and guarantee that we can continue operating without giving up our values. Our new partners are longtime Bitcoin and privacy enthusiasts whom we trust.
A change of owner, even a partial one, must also bring some changes in the way of doing business. I am not optimistic when it comes to such things, but it is an integral part of business. I hope that the values that made eXch popular will be maintained.
We will delist USDT and USDC from our platform in order to provide stablecoin exchanges on dynamic addresses without risks for us. Unfortunately, operating USDT and USDC is not possible on non-static addresses without the risk of them being blacklisted by Circle and Tether. Thus, the stablecoin we will provide is DAI, which is the only reliable and non-custodial stablecoin currently available that has no address blacklist functionality in its smart contract.
Well, new delisting, although there is a logical reason for this, the scope of the offer is reduced.
Are there any plans to add new currencies?