Deliver lower cost, faster cross-border payments with transparency using digital money on distributed ledger technology
Token X is backed 1:1 by fiat money and independently audited to confirm that assets in escrow match the outstanding stablecoins. Token X is ledger agnostic and currently runs on Stellar and Ethereum. All major currencies are supported.
All parties purchasing and redeeming the stablecoin must pass the KYC process. Transactions are screened for AML and sanctions.
Protection During Volatility
100% backed by fiat currency held in escrow and independently audited monthly.
Purchase and redemption is only available to verified entities and all fiat transactions that pass AML and sanctions.
Federated, Not Proprietary
Federated network of issuers creates an ecosystem where stablecoin can be bought and sold efficiently, moving seamlessly between buyers, sellers and issuers.
How it Works
Unlike other stablecoins, which only offer store of value or trading solutions, Token X allows users to make low cost, instant payments around the world. The platform supports use cases ranging from peer-to-peer to cross-border invoice payments.
Token X supports all major currencies on Stellar and Ethereum and transferring money instantly, even between currencies, is made easy with a simple three-step process to make payments via web or mobile apps.
Get in touch with the team to learn more about how Token is delivering new digital money use cases around the world.