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Summary of USDCASH
- USDCASH is a cryptocurrency pegged to the US dollar exchange rate.
- Issued by a smart contract secured by a collateral pool of USDT-MLNK pair.
- Emission lot multiple: 100 USDCASH.
- User sends USDT tokens (multiples of 100) and equivalent MLNK to the smart contract address token.pcash.
- No hidden fees on transfers.
- Users can exchange tokens: USDCASH to USDT, RUBCASH to RUBLES, RMBCASH to RMBC.
- Users can reclaim collateral by burning issued tokens.
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About USDCASH: Empowering a New Era of Digital Finance
What is USDCASH?
USDCASH is a cryptocurrency that is fully pegged to the US dollar exchange rate, ensuring a stable value equivalent to the US dollar. The USDCASH stablecoin is issued through a smart contract, collateralized by a liquidity pool comprising user-contributed USDT-MLNK pairs. The emission lot is denominated in multiples of 100 USDCASH. To facilitate emission, users must send USDT tokens in multiples of 100, accompanied by an equivalent amount of MLNK, to the designated smart contract address, token.pcash.
We guarantee transparent transactions, free from hidden fees and asterisks, on every transfer.
Users can seamlessly exchange their cryptocurrencies for a corresponding token, contingent upon the issued tokens – for instance, swapping USDCASH for USDT or RUBCASH for RUBLES, and similarly, RMBCASH for RMBC. Furthermore, users who have issued cryptocurrencies can redeem their collateral by burning the issued tokens.