Stable Coin

  • Stable coins have the potential to overcome significant shortcomings and friction in existing cross-border payments, which is vital for remittances and reducing the cost of remittances.
  • Stable coins can promote welfare as countries recover from the catastrophic consequences of the global pandemic with money distributions, like the stimulus packages currently being distributed to the millions of unemployed during the COVID-19 outbreak.
  • Stable coins can positively impact financial inclusion — using electronic money for payments and savings will allow people to build digital histories, which are essential for access to credit.
  • Stable coins can extend cross-border trading opportunities for small and micro businesses.
  • Commercially issued stable coins could present an alternative for the unbanked and provide greater stability by giving them access to a store of value, enabling them to save without overcoming high barriers to entry for banking services.

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AME Chain

AME Chain

A fast and secure decentralized digital asset ledger that is EVM compatible with high performance and scalability.