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XMG Tokens
XMG tokens are a type of cryptocurrency known as a stablecoin, designed to maintain a stable value by being pegged to the US Dollar or a matching fiat currency. Built on the Pecu Novus blockchain network initially, XMG aims to combine the benefits of digital currency with the stability of traditional fiat currency pricing across various platforms and blockchain networks.
XMG tokens are on a path to innovate and have a version of the stablecoin across various blockchain networks beginning with the Pecu Novus blockchain network. The XMG Digital Asset Network is seeking to be a disruptor and innovate in a way that would bring a digital asset payment portal across many platforms and networks with the goal of creating a seamless, inclusive and transparent system. One that could be broadly used and easily integrated into current and future platforms.
XMG DIGITAL ASSET NETWORK
Peer to Peer Payment Portal
The XMG Digital Asset Network, once a layer-1 blockchain network, is a layer-2 platform digital asset payment portal initially built on the backbone of the Pecu Novus blockchain. It consist of the XMG token and a payment portal system that was created for peer to peer transactions, one that is scalable for commercial use. The portal benefits from the security and speed of Pecu Novus which allows for blockchain enabled end to end encryption protocols to be put in place. It performs similar tasks as standard payment systems do such as Paypal, 2Checkout, Stripe and Square but it is peer to peer, self-custody and for digital assets.
Swift transactions occur on-chain for XMG tokens built on Pecu Novus and due to the scalability of the blockchain it avoids any potential lag or bottlenecking of transactions. There are plans to expand XMG tokens across various blockchain networks in the future to promote global inclusion.
All active XMG tokens are pegged to the pricing of a matching fiat currency, such as the USXM token is pegged to the U.S. Dollar with transparent pricing.
XMG Tokens will offer liquidity and stability on decentralized and centralized exchanges. This will give traders access to a greater array of opportunities.
XMG Tokens can become a value add for exchanges especially when the tokens are built on various blockchain networks, promoting cross-chain interoperability.
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