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X8 AG is a Swiss-based Fintech company creating The X8 Global Stablecoin System from the ground up and is fully regulated by design. The X8 global stablecoin system consists of 8 stablecoins, each backed by 8 currencies (USD, EUR, JPY, GBP, AUD, CAD, CHF, and NZD) that can transact between each other or act as a gateway to X8 GSC - the basket stablecoin. · The 8 stablecoins are fully backed by cash deposits and redeemable back into cash at all times. X8 GSC is a global stablecoin instrument backed by the balanced currency basket of the top 8 currencies and risk-managed by X8 AG. · This Swiss X8 stablecoin system is designed for regulatory compliant (global cross-border) transactions. Onboarded clients can transact the 8 single-denominated stablecoins wallet-to-wallet anytime in an efficient and safe way. · Each and every single fiat-denominated stablecoin may convert into the X8C GSC. The transfer is allocated proportionally to each 8 fiat currencies. · A proprietary risk management system contributes to fighting inflationary pressures, thus delivering optimal stability with minimal liquidity risk. This is the world’s first feature for any stablecoin.
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Switzerland
