Stable currency background of the birth is due to the huge price fluctuations in currency encryption, and gave birth to a new type of digital currency, which is used as a medium of exchange, to connect to the digital world and the legal tender currency in the world. Can ensure a stable currency to maintain price stability during this period to some extent.
Late last year, they have come out of various stable currency, exchange platforms and major companies have launched a stable currency, a long time, stable currency market is the launch of Tether USDT to monopoly, but because of the status issue USDT opaque, low credibility, so since late last year, many new and stable currency market players began to appear.
2019, GMQ block chain Digital Asset Exchange (abbreviation: GMQ Coin Ex) officially released a stable currency, this program is issued by the Philippine Economic Zone CEZA highly recognized and approved by the Government, through the exchange allows GMQ GMQ chain distribution, sale and marketing a variety of mainstream stable currency. Stable currency issued and the corresponding legal tender 1: 1 binding, that is, each circulating coin has a stable cash equivalent correspond paid into the bank account. Release mechanism GMQ stable currency regulation and oversight by the Philippine Economic Zone CEZA government, by the world's leading banks and auditing firms to monitor, record financial transactions running water, regularly publish audit reports to ensure the safety transparent transactions.
If the only stable currency beginning in 2018, then in 2019 that ushered in a time of industry blowout. Stable currency as open channel digital asset transactions, will open up the world of reality and encryption, while GMQ Coin Ex has a strong user base, improve technical support, CEZA license compliance operations, professional service capabilities, extensive industry resources. GMQ development of a stable currency would further destabilize the currency market monopoly, improve the ecological chain GMQ block chain, and ultimately serve the real economy.