Stablecoins 2019-02-20T11:09:17+00:00

Stablecoins

Come to see the future of money

In the cryptocurrency world, having a fiat money-substitute helps.
In fact, it isn’t always easy to circulate fiat money due to regulations and restrictions.

Moreover, stable coins provide solutions to volatility and liquidity.
At Noku, back in 2017, we have created the first stable EUR token (EURN).

EURN, CHFN and GBPN

The first stablecoin pegged to Euro, Swiss franc and Pound.

We give everyone the possibility to store value with cryptocurrencies, in a user-friendly environment. People can manage different accounts with different tokens in the Ethereum Blockchain. People can label accounts, register new tokens, get real-time prices to send an equivalent amount of fiat money directly from the wallet without leaving the interface.

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What is a stablecoin?

A stablecoin is a cryptocurrency designed to
minimize the price volatility.

A cryptocurrency can be considered ‘stable’ if it is pegged by a centralized asset (such as a FIAT currency, gold, real estate) or a decentralized asset (such as another cryptocurrency,) or if an algorithm guarantees its stability.

From a traditional standpoint, stablecoins are backed by a ‘reserve’ (of centralized or decentralized assets,) and this reserve corresponds to the number of tokens in circulation. Therefore, their prices are stable as the assets supporting them are known.

Why would i need a stablecoin?

Stablecoins have the potential to change the way we make financial transactions radically.

We believe that people deserve fast and reliable service all over the world.
These are the first tokens to physically support the ever- increasing crypto economy:
1 EURN = 1 Euro, 1 CHFN = 1 Swiss Franc, and 1 GBPN = 1 GBP.

Payments
Noku tokens can be used for payments in any currency, as long as it’s digital.

Savings
Store your value, in gold or another fiat currency, without ever needing to exit the crypto world.

Trading
Add a pegged digital currency to your trading system and balance your fiat and cryptocurrencies in real-time.

Payments
Noku tokens can be used for payments in any currency, as long as it’s digital.

Savings
Store your value, in gold or another fiat currency, without ever needing to exit the crypto world.

Trading
Add a pegged digital currency to your trading system and balance your fiat and cryptocurrencies in real-time.