Stablecoins:  0 Market Cap:   24 Vol:   USDT Dominance:  0.00%

Market Cap

$5,526,045.56

24h Volume

$2,167,803.00

USDQ price

$0.99899

BTC/USDQ pair price

$0.00

USDQ info

USDQ explorers

USDQ price

$0.99899

About USDQ

USDQ is one of its kind ERC-20 decentralized stable asset. Cryptocurrencies give users around the world a wide range of benefits. High price uncertainty, however, prevents mass adoption. Users are unwilling to trade in digital assets in just a couple of minutes that could experience huge price changes. Even the most common coins, such as Bitcoin and Ethereum, are unable to provide stability with price movements as the normal occurrence is up to 20 percent. Users can generate various stablecoins at the Q DAO Platform, currently available in USDQ and KRWQ. USDQ uses Bitcoin as its collateral, i.e. Users need to lock their Bitcoins in a smart contract to create USDQ. The price of the stablecoin is tied to the U.S. dollar. Stablecoins are seen as a major enabler, paving the way for DLT-powered digital currencies to be adopted by mass. Unlike other stablecoins on the market, with all of its components residing on top of the blockchain, USDQ is completely decentralized. Using exchanges, brokers or OTC deals, anyone can buy and sell USDQ. It is an ERC20 token and brings convenient transfer facility without any kind of limitations. USDQ holders, receiving the Savings Rate, can earn additional profits on their holdings. Q DAO is a blockchain platform, combined with Ethereum smart contracts. It provides a number of enablers for the sustainability of the stablecoins produced, such as CDPs (collateralized debt positions), automated price adjustment processes with feedback mechanisms, and an incentive system for external actors. Any individual who has Bitcoins at their disposal can generate the stablecoins (USDQ, KRWQ and others). These ERC-20 tokens can then easily perform a wide range of functions, acting like other cryptocurrencies. Cross-border value transfers, compensation for goods and services for market recognition, as well as long-term savings are among the main use cases. The stablecoin generation system also sets the basis for a highly convenient and reliable trading platform for margin trading.

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